________ is 100 percent minus total variable operating costs as a percentage of total sales
A) Profit margin
B) Contribution margin
C) Expense ratio
D) Fixed coverage ratio
B
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What is business process management?
A. An international standard that ensures that business processes meet the customers' needs. B. A systematic approach to improving an organization's business processes to align with customers' needs. C. The process of redesigning business processes to align with new technologies and governance requirements. D. Understanding an organization's core competencies and how they underpin customer satisfaction.
The Lilly Family School of Philanthropy reported American philanthropy directed to internal programs totaled ______ billion in 2016.
A. $10 B. $14 C. $16 D. $22
Customer service performance should be measured how often?
a. Neither frequently nor infrequently b. Infrequently c. Frequently d. Never
Indicate whether each of the following statements is true or false.The schedule of cost of goods manufactured and sold is included as part of a company's income statement.The schedule of cost of goods manufactured and sold indicates the amount of direct raw materials used during the period.Direct raw materials used + direct labor + manufacturing overhead = total manufacturing costs.Cost of goods manufactured + ending finished goods - beginning finished goods = cost of goods sold.Cost of goods manufactured is calculated on the schedule of cost of goods manufactured and sold and is reported on the income statement.
What will be an ideal response?