Business Costs Are Either _____ or Can Be Separated into Those

question 22

Multiple Choice

Business costs are either _____ or can be separated into those components.

• A)variable or utility
• B)fixed or material
• C)fixed or variable
• D)people related or equipment related

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Definitions:

PP&E

Property, Plant, and Equipment - A company's tangible fixed assets that are expected to provide economic benefits for more than one year.

Current Production

The total output of goods and services produced by an economic entity in a current period, reflecting its current level of activity.

Sale of Investments

The process of selling investments such as stocks, bonds, or real estate, typically to generate cash or realize gains.

Operating Activities

Activities that are directly related to the operation of the business, including cash flows from sales, expenses, and other main revenue-generating activities.