It Is Usually Better to Enter the Value of Zero

question 73

True/False

It is usually better to enter the value of zero rather than have a null value in a field.

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Definitions:

Fixed Expenses

Costs that do not vary with the level of production or sales over a short period, such as rent or salaries.

Cost Structure

The relative proportion of fixed, variable, and mixed costs in an organization.

Advertising Budget

The allocation of funds toward promotional activities intended to communicate the value of products or services to customers.

Variable Costs

Costs that change in proportion to the level of activity or production volume, such as materials and labor directly involved in production.