What Does the Variable Cost Ratio Express

question 21

Multiple Choice

What does the variable cost ratio express?

• A)variable costs as a percentage of total costs
• B)the proportion between fixed costs and variable costs
• C)variable cost in terms of sales dollars
• D)the proportion of sales dollars available to cover fixed costs and provide for a profit

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Definitions:

Working

The act of being engaged in a job or profession, often to earn money.

Objectivity

The practice of maintaining neutrality and fairness, avoiding biases in professional judgments and interventions.

Micro Practice

Social work practice focused on individuals or small groups, addressing personal and immediate concerns.

Mezzo Practice

Social work that targets smaller groups or communities, bridging the gap between individual and macro-level interventions.