Past Relationships Between Cost and Activity May Not Be a Useful

question 152

Multiple Choice

Past relationships between cost and activity may not be a useful basis for estimating future costs

• A)if most of a company's costs are variable.
• B)the company is able to accurately estimate its cost behavior.
• C)if the cost is a mixed cost.
• D)if future activity levels are expected to be beyond the relevant range.

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Definitions:

Humanistic-Existential

A psychological approach that emphasizes individual experience and the inherent desire for self-improvement and understanding, blending principles of humanism and existentialism.

Social Upheaval

Significant, often sudden changes within a society that disrupt its structure or norms, potentially leading to conflict or transformation.

Existential Therapies

A group of psychotherapeutic approaches that focus on individual freedom, choice, and responsibility, emphasizing the search for meaning and dealing with existential crises.

Humanistic-Existential

An approach in psychology emphasizing human capability, freedom, and the search for meaning.