What Is the Term for the Proportion of an Overhead

question 128

Multiple Choice

What is the term for the proportion of an overhead activity utilized by a product?

• A)overhead ratio
• B)consumption ratio
• C)quick ratio
• D)fixed ratio

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Definitions:

Shareholders

Individuals or entities that legally own one or more shares of stock in a public or private corporation.

Incorporation

Incorporation is the process of legally forming a corporation or company, which is then recognized as a separate legal entity from its owners.

Derivative Action

A lawsuit in which certain shareholders are given the right to launch a civil action against the directors on behalf of an injured corporation; also called a representative action.

Fraudulent Acts

Intentional deception made for personal gain or to damage another individual.