Which of These Would Be Considered a Variable Cost

question 20

Multiple Choice

Which of these would be considered a variable cost?

• A) Manager's salary.
• B) Local government rates.
• C) Rent.
• D) Cost of raw materials.

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Definitions:

Values

Core beliefs or principles that guide behavior and decision-making, influencing an individual's or organization's actions and priorities.

Interactions

Exchanges or communications between people, which can influence thoughts, feelings, and behaviors.

Environment

The surrounding condition or setting in which a person, plant, or animal lives or operates.

Interpret

To explain the meaning of information, words, or actions in a way that makes sense to the learner.