Select the Term from the List Provided That Best Matches

question 86

Short Answer

Select the term from the list provided that best matches each of the following descriptions.
A) A condition in which a percentage change in revenue will produce a proportionately larger percentage change in net income
B) A cost that changes in total in direct proportion to changes in volume
C) A factor that causes (or drives) changes in costs
D) Costs composed of both fixed and variable components
E) The difference between a company's sales revenue and its variable costs
F) The way a cost changes relative to change in a measure of activity
G) A cost that remains constant in total when volume changes
H) A company's cost mix or relative proportion of variable and fixed costs to total costs
-Activity base

• A) A condition in which a percentage change in revenue will produce a proportionately larger percentage change in net income
• B) A cost that changes in total in direct proportion to changes in volume
• C) A factor that causes (or drives) changes in costs
• D) Costs composed of both fixed and variable components
• E) The difference between a company's sales revenue and its variable costs
• F) The way a cost changes relative to change in a measure of activity
• G) A cost that remains constant in total when volume changes
• H) A company's cost mix or relative proportion of variable and fixed costs to total costs
• -Activity base

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Definitions:

Service Light Flashes

Indicator lights on a vehicle's dashboard that blink to alert the driver about maintenance or service needs.

Nominal Torque Rating

The maximum continuous torque a device is rated to handle under specific operating conditions.

Single-countershaft

A design feature in transmissions where there is only one countershaft managing the gear ratios.

Twin-countershaft

A transmission design featuring two parallel countershafts, allowing for more gear ratio options and efficient power distribution.