The Angle of Incidence

question 108

Multiple Choice

The angle of incidence

• A)must equal the angle of reflection.
• B)is always less than the angle of reflection.
• C)is always greater than the angle of reflection.
• D)may be less than or equal to the angle of reflection.
• E)may be greater than or equal to the angle of reflection.

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Definitions:

High-low Method

The high-low method is a way of estimating the fixed and variable components of a cost by using the highest and lowest activity levels and their corresponding costs.

Fixed Costs

Expenses that do not change with the level of goods or services produced by the business, such as rent and salaries.

Variable Costs

Costs that vary directly with the level of production or service volume.