When Defining Operating Income for Return on Investment (ROI)purposes,many Organizations

question 13

Multiple Choice

When defining operating income for return on investment (ROI) purposes,many organizations do not include which of the following?

• A)Cost of goods sold.
• B)Allocated overhead.
• C)Operating expenses.
• D)Sales revenue.
• E)None of the answer choices is correct.

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Definitions:

Oligopolies

Market structures characterized by a small number of firms controlling a large majority of the market share and having significant impact on prices and production.

Pure Monopolies

Market structures characterized by a single seller that faces no competition, typically due to high barriers to entry.

Socially Desirable

Refers to actions or policies that are considered beneficial to the wider community or society as a whole.