An Example of a Fixed Cost Is

question 41

Multiple Choice

An example of a fixed cost is

• A)total indirect material cost.
• B)total hourly wages.
• C)cost of electricity.
• D)straight-line depreciation.

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Definitions:

Principal Amount

The original sum of money borrowed in a loan, or the original investment in a financial instrument, before interest.

Maturity Value

Maturity Value is the amount to be paid to the holder of a financial instrument at its maturity date, including the principal and any remaining interest.

Notes Receivable (New)

Financial assets representing written promises for payments to be received by a party, usually including interest.