Which of the Following Is the Term for a Cost

question 127

Multiple Choice

Which of the following is the term for a cost that changes in total in direct proportion to a change in volume?

• A) Fixed cost
• B) Variable cost
• C) Mixed cost
• D) Sunk cost

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Definitions:

Goose Decoys

Artificial representations of geese used by hunters to attract real geese into shooting range.

Attracting Geese

Techniques or strategies used to draw geese to a specific location, often for hunting or birdwatching purposes.

ANOVA

Variance Analysis, a statistical technique employed to evaluate the differences among two or more group means.

Employee Effectiveness

The measure of how effective an employee is in achieving job performance standards and contributing to organizational goals.