A Company Is Considering the Following Alternatives Which of the Following Are Relevant in Choosing Between the c

question 28

Multiple Choice

A company is considering the following alternatives: $$\begin{array} { l c c } & \text { Alternative 1 } & \text { Alternative 2 } \\\text { Revenues } & \$ 120,000 & \$ 120,000 \\\text { Variable costs } & 60,000 & 70,000 \\\text { Fixed costs } & 35,000 & 35,000\end{array}$$ 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:

Money

A medium of exchange that facilitates the transfer of goods and services, acting as a measure of value in economic transactions.

Psychological Elements

This term could encompass various aspects such as emotions, perceptions, cognitive functions, and behaviours that constitute the makeup of the human psyche.

Scholarly Influence

Refers to the impact or effect that academic works or scholars have on their fields, shaping research, theory, and practice.

Delineates Relationships

Means to clearly outline or describe the nature of relationships, often used in social sciences to explain how individuals or groups are connected.