Contribution margin is the excess of sales over total variable costs.

Answer the following statement true (T) or false (F)


True

Business

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Moving from bi-weekly to monthly payroll can reduce costs by 30 to 50 percent

Indicate whether the statement is true or false

Business

The five major components of an organization's internal control are: the control environment, risk assessment, control activities, information and communication, and monitoring

a. True b. False Indicate whether the statement is true or false

Business

What is the product life cycle? Describe the conditions that products encounter at each stage of the cycle. How can a product life cycle be expanded?

What will be an ideal response?

Business

The __________ is a program developed by the industrialized countries to assist developing nations by improving their ability to export

a. World Trade Organization b. Developing Nations Schedule c. Harmonized Tariff Schedule d. Generalized System of Preferences

Business