The True Statement About Cost Behavior Is That

question 2

Multiple Choice

The true statement about cost behavior is that:

• A) variable costs change on a per-unit basis and change in total as activity changes.
• B) fixed costs are constant on a per-unit basis and change in total as activity changes.
• C) fixed costs are constant on a per-unit basis and are constant in total as activity changes.
• D) fixed costs change on a per-unit basis and are constant in total as activity changes.
• E) variable costs are constant on a per-unit basis and are constant in total as activity changes.

Differentiate between convergent and divergent thinking.

Understand the significance of standardization and reliability in psychological testing.

Identify the characteristics and importance of emotional and practical intelligence.

Recognize the impact of standardization on intelligence testing.

---

Definitions:

Common Stock

Equity ownership in a corporation, with voting rights and eligibility to receive dividends.

Cash

Currency available for use in transactions or deposits, represented by coins or banknotes.

Paid-in Capital in Excess

The amount of shareholder equity that exceeds the par value of the shares issued.

Subscriptions Receivable-Common Stock

An account reflecting the amounts due from subscribers who have committed to purchase common stock, not yet paid for.