Examlex
Which of the following is not classified as a fixed period cost?
Probability
A measure of the likelihood that an event will occur, often expressed as a fraction or percentage.
Independent Events
Events for which the occurrence of one does not affect the likelihood of occurrence of any of the others.
Public Transportation
A system of vehicles such as buses and trains that operate at regular times on fixed routes and are available for use by the public.
Auto Insurance
Insurance policy for cars, trucks, motorcycles, and other road vehicles, providing financial protection against physical damage, theft, and liability resulting from collisions.
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