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    Financial Accounting Study Set 2
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    Exam 19: Controlling Cost and Profit
  5. Question
    The Income a Segment Is Able to Earn Above a Specified
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The Income a Segment Is Able to Earn Above a Specified

Question 30

Question 30

Multiple Choice

The income a segment is able to earn above a specified minimum return is called:


A) Gross margin
B) Profit margin
C) Net income
D) Residual income

Correct Answer:

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