Regarding Olfaction and Gustation, Which of the Following Statements Is

question 48

Multiple Choice

Regarding olfaction and gustation, which of the following statements is FALSE?

• A)A person could survive without either olfaction or gustation.
• B)Olfaction and gustation are both considered chemical senses.
• C)Olfaction is another name for the sense of taste.
• D)Olfaction and gustation add pleasure to our lives.

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Definitions:

Contribution Margin Ratio

The percentage of each sales dollar that remains after deducting variable costs, used to cover fixed costs and provide profit.

ROI

Return on Investment (ROI) measures the efficiency of an investment, calculated as net profit divided by the cost of the invested capital.

Margin

An accounting term that refers to the difference between the selling price of a product or service and its cost, often expressed as a percentage of the selling price.

Sales

The total revenue generated from goods or services sold by a company during a particular period.