Which of the Following Costs Represents an Example of a Fixed

question 91

Multiple Choice

Which of the following costs represents an example of a fixed cost in the motor carrier industry?

• A) Vehicle registration
• B) Fuel
• C) Maintenance
• D) Terminals

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Definitions:

Currency Exchange Rates

The value of one currency for the purpose of conversion to another, indicating how much one currency is worth in terms of another.

Equivalent Amount

A sum of money or value that is considered equal in worth or value to another sum or item.

First Column

Typically refers to the first vertical set of cells in a spreadsheet or table, often containing categories or identifiers for rows.

Profit-Sharing Plan

A company program that gives employees a share in the profits, typically in the form of bonuses or stock options.