Another name for department profit is

Question

Quizplus · Accepted Answer

Contribution margin is a term that refers to the amount remaining from sales revenue after all variable expenses have been deducted, which can be used to cover fixed expenses and then contribute to profit. It's closely related to the concept of department profit, as it reflects the profitability of specific segments or departments within a company, excluding fixed costs not directly attributable to them. Net income, revenue, and taxable income are broader terms that encompass the entire organization's financial performance rather than focusing on specific departments.

Another Name for Department Profit Is