Which of the Following Is Probably Considered a fiXed Cost

question 364

Multiple Choice

Which of the following is probably considered a fixed cost, at least in the short run?

• A) The cost of raw materials.
• B) The cost of direct labour expenses.
• C) The company president's salary.
• D) The cost of utilities.
• E) The commissions paid to the sales force.

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Definitions:

Growth

The process of increasing in physical size, psychological maturity, or progress in developmental stages.

Consistencies

The quality of being uniform, coherent, and free from contradiction over time or in different situations.

Variabilities

The extent to which data points in a given set differ from each other and from their average.

Oedipal Complex

A concept in psychoanalytic theory referring to a child's unconscious sexual desire for the opposite-sex parent and jealousy toward the same-sex parent.