An Increase in Gross Profit Percentage Indicates That

question 59

Multiple Choice

An increase in gross profit percentage indicates that:

• A)cost of goods sold as a percentage of sales has decreased.
• B)cost of goods sold as a percentage of sales has increased.
• C)operating expenses as a percentage of sales have increased.
• D)operating expenses as a percentage of sales have decreased.

---

Definitions:

Integrated Model

A comprehensive approach that combines various theories or components into a unified framework for analysis or implementation.

Work Motivation

The set of internal and external forces that influence an individual's level of interest and commitment to perform their job effectively.

Job Simplification

The process of breaking down a job into its simplest components and removing complex or unnecessary tasks to increase efficiency.

Operating Efficiency

A measure of the effectiveness with which an organization uses its resources to produce goods or services.