Other Revenue and Expenses Are Items That Are Not Related

question 109

True/False

Other revenue and expenses are items that are not related to the primary operating activity.

---

Definitions:

Variable Costs

Expenses that vary directly with the level of production or output.

Variable Cost

Expenses that change in direct proportion to the amount of business or production activity.

Variable Cost Per Unit

The cost that varies with the level of output or activities, calculated on a per-unit basis.

Units Sold

The total quantity of products sold by a business during a specific period.