Understanding How Costs Behave Is Useful to Management for All

question 240

Multiple Choice

Understanding how costs behave is useful to management for all of the following reasons except

• A)predicting customer demand
• B)predicting profits as sales and production volumes change
• C)estimating costs
• D)changing an existing product production

---

Definitions:

Ethics Of Humanism

A set of ethical principles based on the importance of human values and the respect for human dignity and individual freedom.

Enter Marriage

The act or process of beginning a legal relationship recognized as marriage, signifying a committed partnership between individuals.

Socialization

The process by which individuals learn and internalize the values, beliefs, and norms of their culture, becoming functioning members of society.

Hierarchy Of Needs

A theory in psychology proposed by Abraham Maslow, suggesting that people are motivated to fulfill basic needs before moving on to other, more advanced needs.