MATCHING Match the Abbreviation with Its Correct Meaning

question 20

Multiple Choice

MATCHING
Match the abbreviation with its correct meaning
-Decimeter

• A)cm
• B)hm
• C)darn
• D)km
• E)dm
• F)mm
• G)m

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Definitions:

Variable Selling

Selling expenses that change in proportion to the volume of sales, such as commissions.

High-low Method

An accounting technique used to estimate variable and fixed costs from the highest and lowest levels of activity.

Variable Component

Part of a cost or expense that varies directly with the level of activity, production, or sales.

Inspection Cost

Expenses associated with the activity of checking and verifying the quality or standards of products or materials.