A Mixed Cost Has

question 125

Multiple Choice

A mixed cost has:

• A)either fixed or variable cost components,but not both.
• B)only variable cost components,both within and outside of the relevant range.
• C)only fixed cost components,both within and outside of the relevant range.
• D)both fixed and variable cost components.

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Definitions:

Decentralized Firms

Decentralized Firms are organizations that distribute decision-making powers and operational activities across various levels and departments rather than centralizing control in a single location or group.

Centralized Organizations

Organizations where decision-making authority is concentrated at the top levels of management.

Span of Management

The number of subordinates or direct reports that a manager or supervisor can effectively oversee, also known as span of control.