What Type of Cost Is Not Relevant to the Process

question 122

Multiple Choice

What type of cost is not relevant to the process of research and development or invention in general?

• A)Fixed cost
• B)Marginal cost
• C)Variable cost
• D)Social cost

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Definitions:

Subsidiary

A company that is controlled by another corporation, often referred to as the parent company, through ownership of a majority of its voting stock.

Management Development

Programs and activities designed to enhance the skills, knowledge, and abilities of managers and potential managers.

On-the-job Training

A training approach where employees learn and acquire new skills while performing their regular work tasks.

Approaches

Various methods or strategies used in dealing with situations or in achieving specific objectives.