A Direct Cost Can Be

question 11

Multiple Choice

A direct cost can be:

• A)Only fixed.
• B)Only variable (unit-level).
• C)Either fixed or variable (unit-level).
• D)Neither fixed nor variable (unit-level).

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Definitions:

Shares

Ownership stakes in a company or financial asset that entail a proportional share in any distributed profits via dividends, should any be announced.

No-Par Common Stock

Common stock issued without a par value that has been assigned for its shares.

Stated Value

A value assigned to a corporation's stock for accounting purposes, which may bear no relation to the market value.

Shares

Units of ownership interest in a corporation or financial asset that provide a share in the corporation's profits and a claim on its assets.