Which of the following statements is correct about the difference between contribution margin and gross margin?

A. Contribution margin and gross margin are equivalent.
B. Contribution margin is the difference between sales revenue and cost of goods sold.
C. Gross margin is used for external reporting, while contribution margin is used for internal reporting.
D. Gross margin is the difference between sales revenue and variable costs.


Answer: C

Business

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Indicate whether the statement is true or false

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a. interview environment b. interview rapport c. interview affect d. interview process

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Which of the following is true when determining the correct tone for a document?

A) The tone should meet the audience's expectations. B) The tone should be based on the writers relationship with the audience. C) The tone should reflect the personality of the writer. D) The tone should be academic. E) The tone should be formal.

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Business