HFMA'S CSAF CERTIFIED SPECIALIST ACCOUNTING AND FINANCE | Q&A LATEST UPDATE | 100% PASS

HFMA'S CSAF CERTIFIED SPECIALIST ACCOUNTING AND FINANCE | Q&A LATEST UPDATE | 100% PASS
Question : Contribution Margin
CORRECT ANSWER: Difference between marginal
revenue and marginal cost.
Question : Break-even point
CORRECT ANSWER: Level of sales volume of a
product producing the exact amount of contribution
margin needed to cover fixed costs.
Question : Overhead
CORRECT ANSWER: Indirect Costs
Question : Activity-based costing (ABC)
CORRECT ANSWER: Method of determining product
costs using cost drivers or activity measures, which cause
indirect costs to be incurred.

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