To Avoid the Problem of Allocating Fixed Costs as If

question 11

True/False

To avoid the problem of allocating fixed costs as if they are variable costs,the management accountant should carefully distinguish fixed costs from variable costs and they should never treat the fixed cost per unit as a variable cost.

---

Definitions:

Unilaterally Assigned

Tasks or responsibilities given to an employee or a group by management without their input or agreement.

On-The-Job Training

On-the-job training refers to hands-on training provided to employees at the workplace while they are performing their actual job tasks, allowing them to learn by doing.

Principal Shortcoming

The main or most significant deficiency or weakness in a system, plan, or individual.

Development

A process of growth, progress, or evolution in various contexts such as technology, society, economy, or personal skills.