A Cost Which Remains Constant Per Unit at Various Levels

question 65

Multiple Choice

A cost which remains constant per unit at various levels of activity is a

• A) variable cost.
• B) fixed cost.
• C) mixed cost.
• D) manufacturing cost.

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Definitions:

Alignment

The arrangement of elements in a straight line or in correct relative positions; in business, ensuring consistency with strategic goals.

Key Stakeholders

Individuals or groups with a significant interest or stake in the outcome of a project, initiative, or enterprise.

Initiation Phase

The phase in project management where the project is defined and authorized, including the scope, objectives, and stakeholders involved.

Project Manager

A professional responsible for planning, executing, monitoring, controlling, and closing projects, ensuring they are completed on time, within budget, and to scope.