If You Were Visiting Disney World and You Used Its

question 76

Multiple Choice

If you were visiting Disney World and you used its touch-screen monitors to locate a restaurant, what type of hardware device would you be using?

• A) Input
• B) Connecting
• C) Input and Output
• D) Storage

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Definitions:

Variable Expense

Costs that vary depending on a company's production volume or activity level.

Target Profit

The anticipated profit figure set by a business for a given period, often guiding pricing and production decisions.

Monthly Fixed Expense

Expenses that do not vary with production volume or business activity level, incurred on a monthly basis.

CM Ratio

Contribution margin ratio, showing the portion of sales revenue that is not consumed by variable costs and contributes to covering fixed costs.