The Correct Statement Is

question 36

Multiple Choice

The correct statement is:

• A) contribution margin contributes to profits.
• B) contribution margin contributes to fixed costs.
• C) contribution margin contributes to variable costs.
• D) Both A and B.

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Definitions:

Customer Satisfaction

A measure of how products or services meet or surpass customer expectations, often used as a key performance indicator by businesses.

Simple Ranking

A method, often used in human resources, to order or rank entities based on a single criterion or measure.

Performance Comparison

The process of evaluating the output or achievements of an individual or organization against a set standard or the performance of peers.

Employee Evaluation

The process of assessing and reviewing an employee's performance at work against predefined objectives and criteria.