Select the Appropriate Cost Behavior for Each of the Costs

question 130

Multiple Choice

Select the appropriate cost behavior for each of the costs listed below.
-salary of chief executive officer

• A)variable
• B)fixed

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Definitions:

Dividends

Payments made by a corporation to its shareholder members, often derived from profits.

Constant Rate

A situation or condition in which a particular variable remains unchanged over a period of time.

Dividends

A corporation's distribution of profits to its shareholders as payments.

Paid

Refers to the status of a financial obligation that has been fulfilled or settled.