Discretionary Fixed Costs

question 134

Multiple Choice

Discretionary fixed costs

• A) cannot be easily changed.
• B) often involve a long-term contract.
• C) can be changed relatively easy at management discretion.
• D) increase as output increases.

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Definitions:

Commercial Profit

The financial gain earned from business activities after deducting all expenses.

Public

Refers to the general population or the community as a whole.

Media Richness

Refers to the ability of a communication medium to effectively convey information and promote understanding.

Self-disclosure

The act of revealing personal information to others to foster deeper connections and understanding.