How is the contribution margin calculated when utilizing variable costing?

a. Sales less variable cost of goods sold
b. Sales less variable cost of goods sold, less variable selling and administrative expenses
c. Sales less cost of goods sold
d. Sales less variable cost of goods sold, less variable selling and administrative expenses, less fixed cost of goods sold, less fixed selling and administrative expenses


B

Business

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Apparent authority may exist:

A. when the conduct of the principal causes a third person reasonably to believe that another has the authority to act for the principal. B. only if actual authority has been conferred on the agent. C. if a principal has unintentionally permitted third persons to believe a person is him/her agent. D. if the principal specifically describes the extent of the agent's powers in writing or orally and makes him/her a special agent.

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A formal log-on procedure is the operating system's first line of defense. Explain how this works

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The actual first step in matching employees to jobs is ______.

A. retraining B. redesign C. recruiting D. rehiring

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One who dies after having made a valid will is said to have died intestate

Indicate whether the statement is true or false

Business