Which of the Following Statements Is True of Discretionary Costs

question 38

Multiple Choice

Which of the following statements is true of discretionary costs?

• A) They arise from day-to-day operational decisions.
• B) They include conversion cost, direct material costs.
• C) They have measurable cause-and-effect relationship between output and resources used.
• D) They have high level of uncertainty.

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Definitions:

Georges Cuvier

A French naturalist and zoologist known for establishing extinction as a fact and founding the field of comparative anatomy.

Fossilized Elephants

Prehistoric elephants that have been preserved in petrified form, providing insights into the evolutionary history of Elephants.

Living Things

Organisms that exhibit the characteristics of life, including growth, reproduction, functional activity, and continual change preceding death.

Jean-Baptiste Lamarck

An early 19th-century French biologist who proposed the theory of inheritance of acquired characteristics as a mechanism for evolutionary change.