The Contribution Margin Is the Amount Remaining from Sales Revenues

question 139

True/False

The contribution margin is the amount remaining from sales revenues after variable expenses have been deducted.

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Definitions:

Procedural Justice

The fairness and transparency of the processes that lead to outcomes or decisions.

Status Construction

The process by which social statuses are created, maintained, and transformed through social interactions and structures.

Distributive Justice

The perceived fairness of how resources and rewards are distributed within a society or group.

Diffuse Status Characteristics

Social attribute of a person that influences evaluations and beliefs about that person’s general competence.