Unlike an Owner,a Manager May Be More Concerned with _____

question 3

Multiple Choice

Unlike an owner,a manager may be more concerned with _____ than with _____.Which pair of words best completes this sentence?

• A)profits,personal benefits
• B)personal benefits,profits
• C)profits,working conditions
• D)cost,revenue

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Definitions:

Variable Cost

Expenses that change in proportion to the volume of goods or services produced by a business.

Activity

An event that causes the consumption of overhead resources in an organization.

Cost Driver

A factor that causes a change in the cost of an activity, such as machine-hours or labor hours, used in determining pricing and profitability.

Flexible Budgets

Budgets that adjust or flex with changes in the volume or level of activity.