When Determining a Cost Structure for a Business Model, Equipment

question 55

Multiple Choice

When determining a cost structure for a business model, equipment lease payments would be an example of a _____ cost.

• A) fixed
• B) variable
• C) semi-variable
• D) static

---

Definitions:

Personal Computer

An electronic device designed for individual use, capable of processing data and executing programs for various tasks.

Input

Input refers to the data or signals entered into a system or device which can then be processed or utilized to produce outputs.

Text Message

A form of communication sent primarily via mobile phones that consists of short messages using text characters.

Smartphone

A mobile phone with advanced features and capabilities, including internet connectivity, touch screen interface, and access to a myriad of applications.