Ways to Cut Overhead Cost Are

question 105

Multiple Choice

Ways to cut overhead cost are:

• A)when possible buy instead of lease.
• B)avoid non-essential outlays.
• C)hire consultants and full time employees.
• D)None of the above

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Definitions:

World Price

The price of a good that is traded on the global market.

Imported

Products or services that are brought into one country from another for sale.

Tariff

A tax imposed by a government on goods and services imported from other countries, often used to protect domestic industries from foreign competition.

Government Revenues

The total money received by the government from taxes as well as non-tax sources like charges and fees.