The Term Noncontrollable Cost

question 63

Multiple Choice

The term noncontrollable cost:

• A)implies that there is really nothing the manager can do to influence the amount of cost.
• B)only applies to long-term costs.
• C)never applies to short-term costs.
• D)is another term for discretionary cost.

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Definitions:

Cumulative Remedies

Legal provisions that allow a plaintiff to pursue multiple remedies or forms of relief in response to a single injury or breach of contract.

Withhold Delivery

An action by which a seller or supplier refrains from handing over or sending goods to the buyer, often due to a dispute or non-payment.

Wrongful Rejection

The unjustified refusal to accept the delivery of goods or services as per the terms of a contract, which can lead to a breach of contract lawsuit.

Resale Price

The price at which an item is sold after the first sale, from retailer to consumer.