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Free "Contribution Margin versus Gross Margin Study" App with MCQ: Competitiveness can be best measured by; with answers: gross margin, income margin, sales margin, and cost margin. Practice Contribution Margin versus Gross Margin Quiz Questions, download Google e-Book (Free Chapter) for virtual accounting tools.

Contribution Margin versus Gross Margin MCQs PDF Download – Prep Test

MCQ 1: Competitiveness can be best measured by:

  1. Gross margin
  2. income margin
  3. sales margin
  4. cost margin

MCQ 2: The gross margin is added to the cost of sold goods to calculate:

  1. revenues
  2. selling price
  3. unit price
  4. bundle price

MCQ 3: The type of distribution, which describes whether events to be occurred are mutually exclusive or collectively exhaustive can be classified as:

  1. mutual distribution
  2. probability distribution
  3. collective distribution
  4. marginal distribution

MCQ 4: The type of distribution, which consists of alternative outcomes and probabilities of events is classified as:

  1. event table
  2. outcome table
  3. decision table
  4. probability table

MCQ 5: In cost accounting, the financial way of charging price for product above the cost, of acquiring or producing the goods is known as:

  1. sales margin
  2. cost margin
  3. Gross margin
  4. income margin

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