Select the Appropriate Item for Each of the Definitions Listed

question 11

Multiple Choice

Select the appropriate item for each of the definitions listed below.
-may involve a long-term contract

• A)committed fixed cost
• B)discretionary fixed cost
• C)mixed cost
• D)step cost

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Definitions:

Hard Drive

A data storage device used for storing and retrieving digital information, typically using rapidly rotating disks coated with magnetic material.

Apple

A multinational technology company known for its consumer electronics, software, and services, famous for products like the iPhone and MacBook.

Toshiba

Toshiba is a diversified Japanese multinational conglomerate that operates in various sectors including electronics, industrial, and energy systems.

Lease

A contract by which one party conveys land, property, services, etc., to another for a specified time, usually in return for periodic payments.