Fixed Costs

question 47

Multiple Choice

Fixed costs:

• A) Do not vary in total within the relevant range
• B) Do not vary on a per-unit basis within the relevant range
• C) Vary on a per-unit basis in direct proportion to changes in the cost driver within the relevant range.
• D) Vary in total as the cost driver changes within the relevant range

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Definitions:

Validation Rules

Criteria that are set up in a database or input form to ensure that only valid data is entered.

Default Values

Pre-set values used by programs or functions that are used if no user-specified value is provided.

Formats

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Title Bar

The horizontal bar at the top of a window in a graphical user interface that displays the name of the application or document.