GCU ACC650 Quiz 4/GCU ACC650 Quiz 4/GCU ACC650 Quiz 4/GCU ACC650 Quiz 4

  
Question 
1. The difference between budgeted sales revenue and break-even sales revenue is the:
contribution margin.
contribution-margin ratio.
safety margin.
target net profit.
operating leverage.
2. Amounts spent for charitable contributions are an example of a (n):
committed fixed cost.
committed variable cost.
discretionary fixed cost.
discretionary variable cost.
engineered cost.
3. Cost that has both a fixed and variable component is known as a:

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