Which of the Following Is a Fixed Cost

question 48

Multiple Choice

Which of the following is a fixed cost?

• A)Payment to hire a security worker to guard the gate to the factory around the clock
• B)Wages to hire assembly line workers
• C)Payments to an electric utility
• D)Costs of raw materials

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Definitions:

Services Produced

The outcomes or results generated by activities that are intended to fulfill a demand or serve a purpose, but are not physical objects.

Developing

The process of growth, progression, or improvement in skills, economies, or nations.

Life Plan

A detailed and structured plan outlining goals, ambitions, and paths to achieve personal milestones over one's lifetime.

Tool

An instrument or device used to perform a specific task or function, often facilitating work or achieving a goal.