Some Costs Cannot Be Varied Within a Given Time Period

question 84

Multiple Choice

Some costs cannot be varied within a given time period.These costs are called

• A)overheads.
• B)total costs.
• C)fixed costs.
• D)variable costs.

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Definitions:

Successor

An entity or individual that follows or comes after another in a specific role, position, or sequence.

Pessimistic Time

The “worst” activity time that could be expected in a PERT network.

Unfavorable Conditions

Circumstances or situations that are detrimental to the success, operation, or performance of a process, project, or activity.

Activity Variance

The difference between budgeted and actual cost or time spent on a particular activity, highlighting variances in performance.