What Is the Term for Variable Expenses That Are Directly

question 14

Multiple Choice

What is the term for variable expenses that are directly related to the production or purchase of a product?

• A) long-term liabilities
• B) fixed expenses
• C) cost of goods sold
• D) operating expenses

---

Definitions:

HR

Short for Human Resources, pertains to the department within an organization that deals with employee-related functions such as hiring, training, payroll, and benefits administration.

Employee Career Planning

The process in which an individual, often with the assistance of the employer, plans and organizes their professional path, goals, and development.

Behavioural Modelling

A method of teaching or learning new skills and behaviours by mimicking or practicing observed actions.

Sensitivity Training

Programs designed to enhance individuals’ understanding and empathy towards the differences and diversity of others in the workplace.