Explain the Difference Between Normal and Expedited Costs,fixed and Variable

question 25

Essay

Explain the difference between normal and expedited costs,fixed and variable costs,and recurring or nonrecurring costs.Create a 2 × 2 × 2 matrix and provide one example each (8 total examples)of each combination of these costs.

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Definitions:

Prognosis

A prediction of the likely or expected development of a disease, including chances of recovery.

Illness

A disease or period of sickness affecting the body or mind.

Aetiology

The study of the causes or origins of diseases or conditions, looking into the various factors that contribute to their development.

Diagnosis

The identification of the nature of an illness or other problem by examination of the symptoms.