A Factor That Does Not Change and Remains Consistent Throughout

question 147

Multiple Choice

A factor that does not change and remains consistent throughout a study is called a:

• A) variable.
• B) constant.
• C) conceptual definition.
• D) operational definition.

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Definitions:

Fixed Costs

Overhead expenses that remain constant regardless of the volume of activity or production levels within a company.

Cost-volume-profit Analysis

An accounting tool used to determine the effects of changes in costs and volume on a company's profits.

Equation Form

A mathematical representation expressed through an equation, often used in describing financial principles or calculations.

Graphic Form

A method of presenting information, data, or financial figures using visual elements such as charts, graphs, and diagrams.