For Cost Control Purposes,fixed Costs Are Classified as

question 16

Multiple Choice

For cost control purposes,fixed costs are classified as

• A)product or period costs.
• B)discretionary or committed.
• C)direct or common.
• D)sunk or avoidable.

---

Definitions:

Initiative

The ability to assess and initiate actions independently, often leading to innovation or problem-solving.

Flat Structure

An organization structure that has wide spans of control and few hierarchical levels.

Decision Making

The process of selecting a course of action from several alternatives to achieve a desired outcome.

Levels of Management

The hierarchical layers of authority in an organization, typically ranging from top management to middle management to lower management.