To the Nearest Whole Cent, What Should Be the Average

question 152

Multiple Choice

To the nearest whole cent, what should be the average cost of operating the helpline per call at a volume of 31,300 calls in a month? (Assume that this call volume is within the relevant range.)

• A)$12.30
• B)$11.79
• C)$10.92
• D)$12.05

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Definitions:

Articles of Incorporation

A legal document filed with a government body to legally document the creation of a corporation, outlining its purpose, structure, and other essential details.

Certificate of Incorporation

A legal document issued by a government or regulatory body that acknowledges the formation of a corporation and shows it is legally allowed to conduct business.

Raising Capital

The process of gathering funds to finance new investments or pay off debts.

Double Taxation

This term refers to the imposition of taxes on the same income, asset, or financial transaction at two different levels of government or in two different jurisdictions.