Which of the Following Is a True Statement About Cost

question 17

Multiple Choice

Which of the following is a true statement about cost behaviors in incremental analysis?
1) Fixed costs will not change between alternatives.
2) Fixed costs may change between alternatives.
3) Variable costs will always change between alternatives.

• A) 1
• B) 2
• C) 3
• D) 2 and 3

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Definitions:

Earnings

The financial gains obtained from labor, investment, or business operations, typically measured over specific periods.

Applicants

Individuals who apply or express interest in a job, program, or opportunity, seeking to become candidates for selection.

HRISs

Human Resource Information Systems, digital solutions for managing an organization's people-related data and processes.

Technological Effect

The impact of technology on society, including changes in behaviour, efficiency, and economic structures.