Which of the Following Is Generally True for the Cost

question 84

Multiple Choice

Which of the following is generally true for the cost of goods sold amount that a merchandising company would report on its income statement?

• A) It is a mixed cost.
• B) It is a variable cost.
• C) It is a fixed cost.
• D) It has no effect on the contribution margin.

---

Definitions:

Primary Appraisal

Describes the initial evaluation process where a person decides whether a stimulus is a threat, beneficial, or irrelevant to their well-being.

Distress

Extreme anxiety, sorrow, or pain, whether emotional or physical, that affects an individual's level of functioning or well-being.

Stressful Situation

Circumstances or events that induce a state of tension or stress, often requiring adaptation or coping mechanisms.

Social Support

Assistance or comfort provided by others, which can be emotional, informational, or practical in nature.