A Basic Financial Model That Summarizes the Effects of Volume

question 85

Multiple Choice

A basic financial model that summarizes the effects of volume changes on an organization's costs,revenue,and income is the

• A)total revenue-total cost model.
• B)break-even model.
• C)cost-volume-profit model.
• D)program,planning,and profit model.

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Definitions:

Social Entrepreneurship

A practice that combines innovation, resourcefulness, and opportunity to address critical social and environmental challenges.

Social Enterprise

An organization that operates with the primary goal of addressing social issues, combining commercial strategies with social objectives to improve human and environmental well-being.

Stakeholders

The people or groups affected by or involved with the achievements of the social enterprise’s objectives.

Definitive Stakeholder

A key individual or group that has a significant interest or investment in the outcome of a project or business.