Business Travel Has the Following Main Components Except

question 17

Multiple Choice

Business travel has the following main components except:

• A) incentive travel.
• B) normal business travel.
• C) cruise travel.
• D) meeting conferences, seminars, workshop and training session.
• E) research and teaching.

---

Definitions:

Variable Administrative Expense

Costs that vary directly with changes in business activity levels, like sales commissions or raw material costs.

Direct Materials

Raw materials that are directly incorporated into a finished product and can be easily traced to it.

Discretionary Fixed Costs

Discretionary fixed costs refer to fixed costs that can be altered in the short term by current managerial decisions, such as advertising or research and development expenses.

Management Decisions

These are choices made by the executives of a company affecting its direction and operation.