Comparing Contribution Margin [CM] to Gross Margin [GM], Which of the Following

question 70

Multiple Choice

Comparing contribution margin [CM] to gross margin [GM], which of the following is true?

• A) If Cost of goods sold includes fixed costs, then CM will exceed GM.
• B) If Cost of goods sold does not include any fixed costs, then CM will equal GM.
• C) In the merchandising sector, CM and GM are equivalent terms.
• D) If CM and GM remain constant from one period to the next, operating income has to remain constant as well.
• E) CM is computed after all variable costs are deducted, but GM is computed by deducting only cost of goods sold from revenues.

Comprehend the role of socialization agents in enforcing or challenging gender norms.

Discern the variation in gender expressions and roles across cultures and over time.

Examine the interaction between societal structures and individual gendered experiences.

Acknowledge the role of power dynamics in shaping gender identities and relations.

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Definitions:

Basal Ganglia

A group of structures in the brain involved in processing information on movement and coordination, as well as aspects of learning and emotional response.

Iconic Memory

A type of visual sensory memory that temporarily stores an image that has been perceived visually.

Echoic Memory

A component of sensory memory that retains audio information, allowing sounds to be remembered for short periods after the original sound is produced.

Sensory Memory

The shortest-term element of memory, acting as a buffer for stimuli received through the senses, and is capable of holding a vast amount of information, but only for a very short period.