Discretionary Fixed Costs

question 35

Multiple Choice

Discretionary fixed costs:

• A)vary directly and proportionately with the level of activity.
• B)usually arise from annual decisions by management.
• C)have a long-term planning horizon, generally encompassing many years.
• D)are made up of plant, equipment, and basic organizational costs.

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Definitions:

Initiator tRNA

A special type of transfer RNA that begins the process of translating a mRNA molecule to a protein by carrying the first amino acid of the protein.

mRNA

Messenger RNA, a single-stranded RNA molecule that conveys genetic information from DNA to the ribosome, where proteins are synthesized.

Genetic Code

Complete set of sixty-four mRNA codons.

mRNA Codons

Triplets of nucleotides in messenger RNA that specify the addition of a specific amino acid or the termination of translation.