Variable Costs ________

question 95

Multiple Choice

Variable costs ________.

• A)vary per unit
• B)are fixed in total
• C)decrease in total as the cost-driver activity level increases
• D)are fixed per unit and vary in total

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Definitions:

Board Of Directors

A collection of persons chosen by the shareholders to supervise the corporation's management and make significant decisions on its behalf.

Chief Executive Officer

The highest-ranking executive in a company, responsible for making major corporate decisions, managing the overall operations and resources of a company.