The Contribution Margin Is Equal To

question 34

Multiple Choice

The contribution margin is equal to:

• A)sales minus cost of goods sold.
• B)sales minus variable expenses.
• C)sales minus fixed expenses.
• D)sales minus operating expenses.

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Definitions:

Business Strategy

Encompasses the actions and decisions that a company takes to achieve its business goals and secure a competitive position in the market.

Human Capital

The skills, knowledge, and experiences possessed by an individual or population, viewed in terms of their value or cost to an organization.

Attributes

Characteristics or qualities that are inherent in or ascribed to someone or something.

Knowledge

Information, understanding, or skills acquired through experience or education; the theoretical or practical understanding of a subject.