If sales total $2,000,000, fixed costs total $800,000, and variable costs are 60% of sales, the contribution margin ratio is 60%
Indicate whether the statement is true or false
False
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A data collection method that can easily and inexpensively screen respondents is desirable with a low incidence rate situation because a great many potential respondents must be contacted, but a large percentage of these would not qualify to take the
survey. Indicate whether the statement is true or false
Explain the priority of law in the United States
What will be an ideal response?
Work measurement aids in planning and scheduling work, as well as in determining the efficiency of work methods and procedures
Indicate whether the statement is true or false.
A project manager needs the work breakdown structure and a time-phased project budget to establish the project baseline
Indicate whether the statement is true or false