In Order to Avoid Status Inequity, Organizations Should Remove Elements

question 61

True/False

In order to avoid status inequity, organizations should remove elements which cause status, such as job titles and chains of command.

Apply the high-low method to calculate variable and fixed cost components.

Understand the concept of the relevant range in cost behavior.

Use the contribution margin and contribution margin ratio in decision-making.

Understand and apply CVP analysis for business decision-making.

---

Definitions:

Acetylcholinesterase

Enzyme found in the synaptic cleft that causes the breakdown of acetylcholine to acetic acid and choline, thus limiting the stimulatory effect of acetylcholine.

Acetylcholine

A neurotransmitter involved in many functions including muscle contraction and the transmission of nerve impulses in the central and peripheral nervous system.

Synapse

The junction between two neurons, where electrical or chemical signals are transmitted from one neuron to another.

Postsynaptic Membrane

The part of the nerve cell that receives signals from another neuron at a synapse, responding to the neurotransmitters released.