Examlex

Solved

What Type of Cost Exhibits the Behavior Shown Below

question 79

Multiple Choice

What type of cost exhibits the behavior shown below?
What type of cost exhibits the behavior shown below?   A)  Variable cost. B)  Fixed cost. C)  Semivariable cost. D)  Discretionary fixed cost. E)  Step-fixed cost.


Definitions:

Book Value Method

An accounting technique that determines the value of an asset on a balance sheet by its historical cost minus any accumulated depreciation.

Loss On Bond Conversion

An accounting entry that represents the difference when the conversion of debt into stock is at a value lower than its market price.

Straight-line Amortization

The method of gradually reducing the cost of an intangible asset over its useful life in a uniform manner.

Market Value Method

The market value method is a valuation method used to assess the value of an asset based on its current market price.

Related Questions