__________ Is Measured by the Sales Revenue an Organization Receives

question 102

Multiple Choice

__________ is measured by the sales revenue an organization receives when goods or services are sold.

• A) Input
• B) Output
• C) Quality
• D) Effectiveness
• E) Efficiency

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Definitions:

Premium Rate

The cost of insurance coverage expressed as a price per unit of coverage.

Workers' Compensation

Insurance offering medical advantages and compensation for lost wages to workers hurt while performing their job duties.

FUTA Tax Liability

Federal Unemployment Tax Act liability, which denotes the tax employers must pay to fund the federal government's unemployment benefits.

Earnings

The amount of profit that a company produces during a specific period, which is calculated as revenues minus expenses.