Which of the Following Expenses Is Most Likely to Be

question 2

Multiple Choice

Which of the following expenses is most likely to be a fixed cost?

• A) Rent
• B) Utilities
• C) Salaries and wages
• D) Supplies
• E) Postage and shipping

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Definitions:

Product Line

A group of related products marketed by the same company that function in a similar manner, are sold to the same customer groups, and marketed through the same types of outlets.

Marketing Concept

A business philosophy suggesting that to achieve organizational goals, a company must anticipate and satisfy customers' needs and wants better than its competitors.

Creating

The act or process of bringing something into existence or giving rise to something original.

Exchanging Offerings

The process of trading value between buyers and sellers, typically involving goods, services, or information.