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:

Superposition

A principle stating that in an undisturbed sequence of rocks, layers of rock were deposited in order from bottom to top according to their age.

Cross-Cutting

Relates to geological features that intersect or cut across other geological formations, indicating a relative age relationship.

Inclusions

Pieces of one rock unit that are contained within another, indicating that the included pieces are older than the host rock.

Sedimentary Rocks

Rocks formed by the accumulation and consolidation of sediment, often containing fossils of plants and animals that lived millions of years ago.