Which of the Following Would Be Classified as a Fixed

question 129

Multiple Choice

Which of the following would be classified as a fixed cost for the proprietor who owns and operates the local Texaco station?

• A) The federal excise tax paid on each gallon of Texaco gasoline sold.
• B) The state income tax on the profit earned.
• C) The rent paid on the 10 year lease for the property on which the station is located.
• D) The Social Security tax the owner pays the federal government on the owner's income.

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Definitions:

Major Role

A primary or essential function, position, or part played by something or someone in a particular context or system.

Repressed Childhood Conflicts

Traumatic or anxiety-inducing experiences from one's childhood that are unconsciously blocked from conscious memory.

Client-Centred Therapy

A humanistic approach to psychotherapy developed by Carl Rogers, emphasizing an individual's capacity for self-healing and personal growth in a supportive environment.

Genuineness

The quality of being open, sincere, and honest in one's feelings and expressions.