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:

Subtractive Colour Mixing

A process where colors are obtained by the absorption and removal of wavelengths from white light using colored filters or pigments.

Trichromatic Mixing

The theory that the human eye perceives color through the relative contributions of three primary colors: red, green, and blue.

Additive Colour Mixing

A process of combining different colors of light, where mixing various lights (red, green, blue) can produce a spectrum of colors including white.

Ventral Stream

A pathway in the brain involved in processing visual information related to object recognition and form.