A Phone Bill,which Contains a Base Plan Fee and Then

question 101

Multiple Choice

A phone bill,which contains a base plan fee and then per minute used,is an example of ________.

• A)Variable costs
• B)Mixed costs
• C)Fixed costs
• D)Alternative costs

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Definitions:

Minimizing Costs

The process of reducing expenses to the lowest possible level while maintaining the desired level of quality or output.

Division

A distinct part of a larger company or organization that focuses on a specific area of business or operation.

Profit Centers

Divisions or departments within an organization that are directly responsible for generating its income.

Information

Data that has been processed or structured in a meaningful way to be useful for decision-making or analysis.