Assuming a company's income statement shows a net operating income, which of the following statements is true regarding the contribution margin per unit?
A) It will decrease as the number of units sold increases.
B) It will decrease as the number of units purchased decreases.
C) It indicates the amount that net operating income will increase with the sale of each additional unit.
D) It indicates the amount that variable costs will decrease with the sale of each additional unit.
C
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Which of the following would not appear on a multiple-step budgeted income statement?
A) gross profit B) income tax expense C) operating income D) salaries payable
With iteration-control systems, each team member ________
A) is given a shared server with unrestricted access B) is given their own private directory to share files C) is given an account with a set of permissions D) is notified every time a file is viewed
Two independent samples are drawn from two normal populations, where the population variances are assumed to be equal. The sampling distribution of the ratio of the two sample variances is:
a. normal b. Student-t c. F d. chi-squared
Which of the following would be the most disruptive to an organization when implementing an information system?
A) installing new hardware components B) creating new databases C) developing new programs D) changing reporting relationships