Which of the Following Would Likely Be Considered a Variable

question 334

Multiple Choice

Which of the following would likely be considered a variable cost for a given time period?

• A) Sales commissions.
• B) Salary of the Chief Financial Officer.
• C) Automobile lease expense.
• D) Membership fee with the local seller's consortium.
• E) Insurance for the corporation's buildings.

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Definitions:

Cattle Rancher

A cattle rancher is an individual who operates a ranch, managing the breeding, raising, and selling of cattle for meat or other products.

Mutton

The meat from sheep, especially mature sheep, used as food.

Consumer Preferences

The subjective tastes and preferences of consumers, which guide their purchasing decisions and choice behavior.

Potato Chips

A thin slice of potato that has been deep fried or baked until crunchy, often used as a snack food.