The Form of a Business Organization That Is Not Affected

question 70

Multiple Choice

The form of a business organization that is not affected by the withdrawal or death of an owner and can continue indefinitely is the

• A)sole proprietorship.
• B)nonprofit organization.
• C)corporation.
• D)partnership.

Recognize the role of neurotransmitters in mood disorders and schizophrenia.

Distinguish between psychological diagnoses and legal terms related to mental health.

Identify the symptoms and causes of anxiety and depression.

Understand the historical perspectives and treatments of abnormal behavior.

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Definitions:

Dollar Contribution Margin

The difference between total sales revenue and total variable costs, expressed in absolute currency terms.

Variable Cost

Costs that change in proportion to the level of production activity or volume, such as raw material costs and direct labor costs.

Fixed Cost

A cost that remains constant, in total, regardless of changes in the level of activity within the relevant range. If a fixed cost is expressed on a per unit basis, it varies inversely with the level of activity.

Margin of Safety Percentage

A metric that measures how much sales can drop before a business reaches its break-even point, typically expressed as a percentage.