Posted: May 9th, 2017

Accounting terminology

Accounting terminology

Listed below are nine technical accounting terms introduced or emphasized in this chapter:

al technique used to determine the fixed and variable elements of a mixed or semi-variable cost.

a) Contribution margin ratio
(b) Margin of safety
(c) None
(d) Cost driver
(e) Break-even point
(f) None
(g) High-low method

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