A(n)________ Cost Is a Cost Whose Total Amount Changes in Direct

question 184

Multiple Choice

A(n) ________ cost is a cost whose total amount changes in direct proportion to a change in volume.

• A)variable
• B)fixed
• C)mixed
• D)irrelevant

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Definitions:

Benefits Estimation

The process of determining the potential advantages or outcomes of a project or decision.

Cost-Effectiveness Evaluation

The process of analyzing various alternatives in order to identify the one that provides the best outcomes relative to costs.

Cost-Benefit Evaluation

An analysis process that compares the estimated costs and benefits of a project or decision to determine its feasibility or value.

Differences

Variations or disparities among individuals, objects, or processes.