If There Is No "A" Value in a Linear Cost

question 166

Multiple Choice

If there is no "a" value in a linear cost equation,this is an indication that the cost is

• A)fixed.
• B)mixed.
• C)variable.
• D)either fixed or mixeD.

---

Definitions:

Cash Equivalents

Short-term, highly liquid investments that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value.

Reconciliation

The process of ensuring two sets of records, such as bank statements and company ledgers, are in agreement, identifying discrepancies, and making adjustments if necessary.