Which of the Following Is Most Likely a Fixed Cost

question 184

Multiple Choice

Which of the following is most likely a fixed cost?

• A) Raw materials costs.
• B) Shipping charges.
• C) Property insurance premiums.
• D) Fuel costs for running the factory.

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Definitions:

Repudiate

To reject or deny the validity of a contract, agreement, or statement.

Modern Law

Contemporary legal systems and statutes that are in effect in a jurisdiction, reflecting current values and societal norms.

Injunctions

Court orders requiring a party to do or refrain from doing specific acts.

Temporary

Describing a condition or situation that is not permanent and is expected to last only for a limited period of time.