Examlex
What is a software configuration audit?
Variable Cost
Costs that vary in direct proportion to changes in levels of production or business activity, such as materials and labor.
Fixed Cost
A cost that does not change with the volume of sales.
Fixed Costs
Expenses that do not change in proportion to the activity of a business, such as rent, salaries, and loan payments.
Variable Costs
Costs that vary directly with the level of production or sales, such as materials and labor.
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