Which of the Following Is a Fixed Cost

question 48

Multiple Choice

Which of the following is a fixed cost?

• A)Payment to hire a security worker to guard the gate to the factory around the clock
• B)Wages to hire assembly line workers
• C)Payments to an electric utility
• D)Costs of raw materials

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Definitions:

Analytical Intelligence

One aspect of intelligence that involves the ability to analyze, evaluate, judge, compare, and contrast.

Practical Intelligence

An aspect of intelligence related to the application of knowledge and skills in solving everyday problems and achieving goals.

Cultural Differences

Variations in the practices, customs, and social norms among different societies and ethnic groups.

IQ

Short for Intelligence Quotient, a measure of a person's cognitive abilities in relation to their age group.