Multiple Choice
If a business is to be profitable, costs must always be:
A) more than 100.0% of sales
B) less than 100.0% of sales
C) equal to sales
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q24: Beverage cost is normally considered a fixed
Q25: Fixed costs are unaffected by normal fluctuations
Q26: If food cost is $200 for a
Q27: Examples of directly variable costs are:<br>A) depreciation
Q28: Directly variable costs are normally controllable.
Q29: Cost percentages provide a useful means of
Q31: The term average dollar sale refers to:<br>A)
Q32: The cost of a single portion of
Q33: Average dollar sale is equal to total
Q34: Dollar figures are normally more useful than