A Cost That Remains Unchanged in Total Despite Variations in Volume

question 77

Multiple Choice

A cost that remains unchanged in total despite variations in volume of activity within a relevant range is a:

• A)Fixed cost.
• B)Curvilinear cost.
• C)Variable cost.
• D)Step-wise variable cost.
• E)Standard cost.

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Definitions:

Network Problem

An issue arising within a system of interconnected computers or devices, affecting communication, data exchange, or functionality.

Fixed Interval

A schedule or method where events or rewards occur at consistent, predetermined times.

Fixed Salary

A consistent amount of payment received by an employee, often on a monthly basis, regardless of hours worked.

Paycheck

A document or electronic transfer representing the amount of wages or salary paid to an employee for their work.