One Department in a Company Had a Contribution Margin of $18,000

question 63

Multiple Choice

One department in a company had a contribution margin of $18,000 and a net loss from operations of $3,000. The indirect expenses allocated to this department would have been incurred whether or not the department existed. If this department had been eliminated, the company's reported net income would have been:

• A)$18,000 lower.
• B)$3,000 higher.
• C)$15,000 lower.
• D)the same with or without the department.

Understand the significance of psychological hardiness and self-discipline in goal achievement.

Relate expectancy theory to self-motivation and the importance of skill-building.

Grasp the importance of self-discipline in working towards and achieving personal and professional goals.

Understand the link between neurotransmitters and mood disorders such as depression.

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Definitions:

World Hunger

The chronic condition of being undernourished and unable to consume enough food for a healthy life, affecting millions worldwide.

Availability Heuristic

A cognitive shortcut where individuals estimate the likelihood of an event based on how easily examples come to mind, which can lead to biases.

9/11 Terrorist Tragedy

A series of coordinated terrorist attacks by the Islamic terrorist group al-Qaeda against the United States on the morning of September 11, 2001.

Air Travel Risks

Potential dangers or health concerns associated with flying, including deep vein thrombosis, exposure to radiation, and the spread of infectious diseases.