Specik, Inc Which of the Following Are Relevant in Choosing Between the {Alternative2}}\\
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question 77

Multiple Choice

Specik, Inc.is considering the following alternatives: $\begin{array}{lll} &\underline{\text {Alternative1}}& \underline{\text {Alternative2}}\\\text { Revenues } & \$ 120,000 & \$ 120,000 \\\text { Variable costs } & 60,000 & 65,000 \\\text { Fixed costs } & 35,000 & 39,000\end{array}$ Which of the following are relevant in choosing between the alternatives?

• A)variable costs
• B)revenues
• C)fixed costs
• D)variable costs and fixed costs

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Definitions:

FDIC

The Federal Deposit Insurance Corporation, a United States government agency that provides deposit insurance to depositors in U.S. commercial banks and savings institutions.

SEC

Short for the Securities and Exchange Commission, a U.S. federal agency responsible for regulating the securities industry and enforcing federal securities laws.

Food Stamps

A governmental assistance program providing low-income individuals and families with funds to purchase groceries, aiming to improve nutrition and alleviate food insecurity.

Medicare

A federal health insurance program in the United States for people who are 65 years of age or older, certain younger people with disabilities, and people with End-Stage Renal Disease.