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FILL IN THE CORRECT TERMINOLOGIES IN THE BLANK SPACES _____ 1. a. Electronic commerce from business to consumer _____ 2. b. The level of sales
FILL IN THE CORRECT TERMINOLOGIES IN THE BLANK SPACES | ||
_____ 1. | a. Electronic commerce from business to consumer | |
_____ 2. | b. The level of sales at which revenue equals total cost and net income is zero. | |
_____ 3. | c. A measure of activities that requires the use of resources and thereby cause costs | |
_____ 4. | d. A cost that contains elements of both fixed- and variable-cost behavior | |
_____ 5. | e. The limits of the cost-driver level within which a specific relationship between costs and the cost driver is valid. | |
_____ 6. | f. measuring a cost function objectively by using statistics to fit a cost function to all the data. | |
_____ 7. | g. The excess of revenues over expenses after including interest costs and taxes. | |
_____ 8. | h. The branch of accounting that produces information for managers within an organization. | |
_____ 9. | i. A summarization of the results of the day-to-day activities that generate sales revenue. | |
_____ 10. | J. Total contribution margin divided by sales (or 100% minus the variable cost percentage) | |
_____ 11. | k. The amount of business or production a company can perform based on their current level of plant and equipment | |
_____ 12. | l. The branch of accounting that develops information for external decision makers. | |
_____ 13. | m. An examination or inspection of financial statements and companies records. | |
_____ 14. | n. A method in which the cost analyst visually fits a straight line through a plot of all the available data | |
_____ 15. | o. The sales price per unit minus the variable cost per unit. | |
_____ 16. | p. A set of standards to which public companies published financial statements must adhere. | |
_____ 17 | q. Electronic commerce from one business to another business. | |
_____ 18. | r. A cost that is not affected by changes in the cost-driver level | |
_____ 19. | s. A simple method for measuring a linear-cost function from past cost data focusing on the highest-activity and lowest-activity points. | |
_____ 20. | t. A cost that changes in direct proportion to changes in the cost-driver level |
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