Costs That May Be Essential to the Long- Run Achievement

question 102

Multiple Choice

Costs that may be essential to the long- run achievement of the organization's goals, but that managers can almost reduce to zero in the short run, are called:

• A) mixed costs
• B) engineered costs
• C) committed fixed costs
• D) discretionary fixed costs

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Definitions:

Metamorphic Rock

Rock formed from the transformation of existing rock types through high pressure, high temperature, or both, without melting into liquid magma.

Slate

A fine-grained, foliated, metamorphic rock commonly used in roofing, flooring, and other construction applications.

Marble

A metamorphic rock formed from limestone, characterized by its veined appearance and used in sculpture and architecture.

Mining Exploration

The process of searching for minerals and ores in the earth through geological study, sampling, and drilling.