All of the Following Report to the Chief Financial Officer

question 20

Multiple Choice

All of the following report to the Chief Financial Officer (CFO) EXCEPT the:

• A)Production Manager.
• B)Company Secretary.
• C)Chief Management Accountant.
• D)Tax Department Manager.

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Definitions:

Marginal Revenue

The additional income generated from selling one more unit of a good or service.

Marginal Product

The additional output resulting from the use of one more unit of a variable input, holding other inputs constant.

Optimal Employment

The level of employment where the productivity is maximized in relation to the number of employed workers.

Marginal Product

The extra output that is produced by using one more unit of a factor of production, like labor or capital, holding other factors constant.