Which of the Following Statements Is False

question 92

Multiple Choice

Which of the following statements is false?

• A)Marginal cost will equal average total cost when marginal cost is at its lowest point.
• B)When marginal cost is less than average total cost, average total cost will fall.
• C)When marginal cost is greater than average total cost, average total cost will rise.
• D)Marginal cost will equal average total cost when average total cost is at its lowest point.

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Definitions:

Non-Cash Benefits

Compensation or perks given to employees that are not in the form of money, such as health insurance, company cars, or housing.

Performance Targets

Specific, quantifiable objectives set by a company or an individual to measure progress toward a desired goal or standard.

Leave Loading

An additional pay amount given to employees while they are on leave, typically calculated as a percentage of their usual wages, to compensate for not receiving certain types of earnings during their leave.

Provision Account

An account that is set aside to cover anticipated future expenses or liabilities.