Which of the Following Reasons Would Least Likely Be Used

question 5

Multiple Choice

Which of the following reasons would least likely be used to judge a witness incompetent?

• A) mental incapacity
• B) childhood
• C) prior convictions
• D) religious beliefs

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Definitions:

Variable Costs

Costs that vary directly with the level of production or volume of output.

Break-even

The point at which total cost and total revenue are equal, resulting in no net loss or gain.

Variable Costs

Expenses that change in proportion to the level of production or business activity.

Fixed Costs

Fixed costs are business expenses that remain constant regardless of the level of production or sales activities, such as rent, salaries, and insurance.