Which of the Following Would Probably Be a Discretionary Fixed

question 5

Multiple Choice

Which of the following would probably be a discretionary fixed cost for a law firm?

• A) salary of receptionist
• B) advertising
• C) depreciation on furniture and equipment
• D) cost of legal forms

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Definitions:

Business Relationships

Connections between businesses that involve collaborative arrangements, transactions, or some form of mutual engagement for mutual benefit.

Reported EPS

Earnings per share as officially announced by a company, representing the portion of a company’s profit allocated to each outstanding share of common stock.

Analysts' Expectations

Analysts' expectations are forecasts or projections made by financial analysts about a company's future earnings, revenue, or performance.

Conflicts of Interest

Situations where an individual's or entity's vested interests may potentially interfere with their ability to make impartial decisions, often leading to ethical dilemmas in various professions and fields.