Which of the Following Best Describe the Term Fixed Costs

question 308

Multiple Choice

Which of the following best describe the term fixed costs.

• A) The percentage change in operating cash flow relative to the percentage change in quantity sold.
• B) The sales level that results in a zero NPV.
• C) Costs that do not change when the quantity of output changes during a particular time period.
• D) The possibility that errors in projected cash flows lead to incorrect decisions.
• E) Opportunities that managers can exploit if certain things happen in the future.

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Definitions:

Internal Locus of Control

The belief that one is in control of their life and outcomes, as opposed to external forces having that control.

External Locus of Control

An external locus of control refers to the belief that one's successes or failures result from external factors beyond one's control, rather than one's own efforts.

Internal Locus of Control

A belief that one has control over their own life and outcomes, as opposed to external forces having that control.

Free Will

The power or ability to make choices free from certain constraints, suggesting a form of autonomy or self-determination.