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The following two statements refer to checklist questions.
I.It important for a checklist question to explicitly explain the criteria on
Which items on the checklist are to be selected.
II.When writing a checklist question,it is important to point out that the
Respondent must check at least one of the items.
Which,if any,of these statements is (are) true?
Variable Expenses
Costs that fluctuate in direct proportion to changes in the level of business activity or output.
Fixed Expenses
Outlays that stay the same no matter the amount of goods produced or sold, encompassing rent, payroll, and insurance costs.
Actual Sales
The total revenue a company generates from selling its goods or services, minus any returns or refunds.
Fixed Expenses
Regularly occurring costs that remain constant in total regardless of changes in activity within a relevant period.
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