Which of the Following Is the Best Example of a Variable

question 55

Multiple Choice

Which of the following is the best example of a variable cost?

• A)Monthly loan payment on a plant generator.
• B)Labor cost for plant employees.
• C)Lease payment for the office copy machine.
• D)General Manager's salary.

---

Definitions:

Expected Loss

The calculated financial loss anticipated from an investment or action, considering the probability and magnitude of losses.

Expected Return

The weighted average of all possible returns for a financial investment, with each return's weight being its probability of occurrence.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how spread out the values are from the mean.

U.S. Treasury Bills

Short-term government securities issued by the United States Department of the Treasury with maturity periods typically up to one year.