What Determines the Difference Between a Variable and a Fixed

question 12

Multiple Choice

What determines the difference between a variable and a fixed cost?

• A)Whether the total cost changes when activity levels change.
• B)Whether the total cost is relevant to a particular decision.
• C)Whether the total cost can be traced to a specific cost object.
• D)Whether the total cost is related to manufacturing or nonmanufacturing activities.

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Definitions:

Reflection of Feelings

A counseling technique that involves expressing in words the emotions the client is experiencing, to help them understand and identify their own emotions.

Summary

A concise presentation of the main points or the essence of a detailed document, discussion, or piece of information.

Paraphrase

To restate someone else's ideas or statements in one's own words to ensure clarity or simplify the original message.

Interpretation

The act of explaining the meaning of information or data, often used in various professional contexts.