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In the PRS Country Composite Risk Ratings a Score of ______

question 12

Multiple Choice

In the PRS country composite risk ratings a score of ______ represents the least risky and a score of _____ represents the most risky.


Definitions:

Net Sales

Sales revenue less sales returns and allowances and less sales discounts.

High-Low Method

A technique used in management accounting and cost accounting to split fixed and variable costs based on the highest and lowest levels of activity.

Mixed Cost

Expenses that have both a fixed and variable component, changing with the level of activity.

Variable Cost

Costs that vary directly with the level of production or with the volume of output.

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