Which of the Following Statements Is True

question 100

Multiple Choice

Which of the following statements is true?

• A) A direct cost of one cost object will always be a direct cost of another cost object.
• B) Because of a cost-benefit tradeoff, some direct costs may be treated as indirect costs.
• C) All fixed costs are indirect costs.
• D) All direct costs are variable costs.

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Definitions:

Cognitive Perspective

A psychological approach that focuses on how mental processes such as perception, memory, and problem-solving work and how they influence behavior.

Behavioral Perspective

An approach to psychology that focuses on observable behaviors and the ways in which they are learned.

Observable Responses

Measurable actions or reactions of an organism in response to external or internal stimuli.

Conscious Processes

Mental activities of which an individual is aware, involving perception, thinking, and remembering.