Discretionary Fixed Costs

question 134

Multiple Choice

Discretionary fixed costs

• A) cannot be easily changed.
• B) often involve a long-term contract.
• C) can be changed relatively easy at management discretion.
• D) increase as output increases.

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Definitions:

Supervisors

Individuals who oversee the work of others, guiding, directing, and evaluating their performance.

Ethical Behaviour

Conduct that is in accordance with what is considered morally right or appropriate in a given society.

Whistle Blowing

The act of exposing illegal, unethical, or wrongdoing within an organization by an insider.

Self-Censorship

The act of withholding or altering one's expression or speech to avoid offending or causing conflict with others.