1. Segment sales revenue minus which of the following sets of costs is equal to segment margin?

   a.variable cost of goods sold, variable selling expense, and direct fixed costs

   b.variable selling expense, administrative expense, variable cost of goods sold, and direct fixed costs

   c.variable cost of goods sold, total selling expense, and direct fixed costs

   d.variable selling expense, variable cost of goods sold, and common fixed costs

2. What is the general relationship between inventory values calculated using variable costing and inventory values calculated using absorption costing?

   a.Inventory values calculated using variable costing will be twice as much.

   b.Inventory values calculated using variable costing will be greater.

   c.They will be equal.

   d.Inventory values calculated using variable costing will be less.

3. What is the term for increasing the efficiency of necessary activities by using economies of scale?

   a.activity sharing

   b.activity selection

   c.activity elimination

   d.activity management