Match Each Item with the Correct Statement Below

question 61

Multiple Choice

Match each item with the correct statement below.
-The relative combination of products (or services) being sold by an organization.

• A)break-even point
• B)Common fixed expenses
• C)Contribution margin
• D)Direct fixed expenses
• E)Margin of safety
• F)Operating leverage
• G)Degree of operating leverage
• H)Sales mix

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Definitions:

Income Before Taxes

A financial measure indicating the profitability of a company before accounting for its tax expense.

Income Tax Expense

The total amount of income tax a company expects to pay to tax authorities, reflecting the cost of taxes on its pre-tax income.

Discontinued Operations

Components of a business, such as a department or segment, that have been disposed of or sold.

Net Income

The total earnings of a company after subtracting all expenses, taxes, and costs, indicating the company's overall profitability.