The Association of Information Technology Professionals (AITP) Was Founded in 1947

question 72

True/False

The Association of Information Technology Professionals (AITP) was founded in 1947 and has 24,000 student members and 68,000 professional members in more than 100 countries.

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Definitions:

Net Profit Margin Ratio

A profitability metric that calculates the percentage of revenue remaining as profit after all expenses are deducted from total sales.

Unit Selling Price

The price at which a single unit of a product or service is sold to customers.

Operating Expenses

Expenses incurred from a company's operational activities, not including the cost of goods sold, typically including selling, general, and administrative expenses.

Gross Profit

The difference between revenue and the cost of goods sold, showing the basic profitability of a company’s core operations.