The contribution-margin approach ignores some costs to simplify comparing among specific alternatives
Answer the following statement true (T) or false (F)
True
The contribution-margin approach focuses attention on variable costs rather than on total costs. Total costs may include some fixed costs that do not change in the short run and can safely be ignored or some common costs that are more difficult to allocate.
You might also like to view...
Accounts receivable from sales transactions were $51,000 at the beginning of the year and $64,000 at the end ofthe year. Net income reported on the income statement for the year was $105,000 . Exclusive of the effect ofother adjustments, the cash flows from operating activities to be reported on the statement of cash flows preparedby the indirect method is
a. $105,000 b. $118,000 c. $92,000 d. $169,000
What is destructive self-talk that prevents you from achieving your goals and feeling good about yourself?
a. Behaviors b. Sappers c. Thoughts d. Criticizers
In a relationship, trust increases and wisdom decreases over time.
Answer the following statement true (T) or false (F)
The emotion of ______ is evident in facial expressions that include a brow raised, furrowed, and drawn inward, wide-open eyes, and mouth open with lips drawn back.
A. anger B. disgust C. fear D. sadness