Peter Newton,a Production Supervisor at BeThink Inc

question 31

Multiple Choice

Peter Newton,a production supervisor at BeThink Inc.,uses variable costing for any cost control decisions that he has to take.Which of the following is the reason for his choice?

• A)fixed costs are not relevant in the long-run
• B)only variable costs are controllable in the long and short run
• C)absorption costing is not relevant for long-run decisions
• D)lower management usually does not have control over most fixed costs

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Definitions:

Traumatic Brain Injury

Damage to the brain resulting from external mechanical force, such as a blow, jolt, or penetrating injury to the head.

Stroke

Sudden appearance of neurological symptoms as a result of severely reduced blood flow.

Aneurysms

Abnormal bulges or ballooning in the wall of a blood vessel, often in the brain, which can rupture and cause damage.

Serotonin Reuptake Inhibitors

A class of drugs used primarily to treat depression and anxiety disorders by increasing the levels of serotonin in the brain.