What is money left over after paying for company activities?
a. a current asset
b. return on investment
c. a contribution margin
d. profit
Ans: d. profit
Business
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A static budget
a) should not be prepared in a company. b) shows planned results at the original budgeted activity level. c) is changed only if the actual level of activity is different than originally budgeted. d) is useful in evaluating a manager's performance by comparing actual variable costs and planned variable costs.
Business
All of the following are legal requirements of a valid listing agreement except,
a. adequate property description. b. In writing. c. Signed by seller. d. Words of conveyance.
Business