A Relatively Permanent Committee Charged with Performing Some Recurring Task

question 41

Multiple Choice

A relatively permanent committee charged with performing some recurring task is called a(n)

• A) cluster structure.
• B) ad hoc committee.
• C) informal group.
• D) task force.
• E) standing committee.

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Definitions:

Variable Cost

Variable cost refers to expenses that fluctuate with the level of output or production, such as materials and labor costs.

Fixed Cost

Expenses that do not change with the level of production or sales, such as rent or salaries.

Production Level

The quantity of goods or services that are produced within a given timeframe by a business.

Fixed Costs

Costs that do not change with the level of production or sales over a certain period.