Which of the Following Statements Is Most Correct About Step-Variable

question 67

Multiple Choice

Which of the following statements is most correct about step-variable costs?

• A) The step-variable costs vary in direct proportion to changes in the level of activity.
• B) Between certain levels of activity,the step-variable costs have the same behaviour as fixed costs.
• C) The step-variable costs remain constant through the same relevant range of activity as related fixed costs.
• D) The step-variable costs are excluded from consideration in budgeting.

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Definitions:

Conference Board Of Canada

An independent, not-for-profit research organization that specializes in analyzing and forecasting economic trends, public policy, and organizational performance in Canada.

Training Evaluation

The process of assessing the effectiveness and efficiency of a training program, usually by measuring skill acquisition, knowledge, and attitude changes.

Transfer Of Training Climate Evaluation Method

A systematic approach to assessing the work environment's support for applying new skills and knowledge gained from training to the job.

Kirkpatrick's Evaluation Scheme

A widely used framework for assessing the effectiveness of training programs across four levels: reaction, learning, behavior, and results.