Examlex
Henry has classified the following items as variable costs.Which item has he NOT classified correctly?
Risk Character
A term describing the unique attributes and level of risk associated with an investment or financial decision.
Abandonment Option
The abandonment option is a right, but not the obligation, to abandon an investment or project if it becomes unprofitable or risks exceed anticipated benefits.
Independent
Free from outside control or not depending on another's authority or subject to another's influence.
Positively Correlated
This term describes two variables that move in the same direction; as one variable increases, the other variable increases as well, and vice versa.
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