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A Mixed Cost Has Characteristics of Both Variable and Fixed

question 170

True/False

A mixed cost has characteristics of both variable and fixed costs.


Definitions:

Motivating Employees

The process of inspiring staff to perform at their best through various incentives and workplace practices.

Existence Needs

Basic human necessities including physiological and safety needs such as food, water, shelter, and security.

Physiological Needs

Basic physical requirements including air, water, food, shelter, and sleep, considered the first level of needs in Maslow's hierarchy.

Esteem Needs

Refer to the human desire for respect, self-esteem, and recognition from others, forming one of the higher levels in Maslow's hierarchy of needs.

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