A Fixed Cost

question 119

Multiple Choice

A fixed cost:

• A) Does not change with changes in the volume of activity within the relevant range.
• B) Changes with changes in the volume of activity within the relevant range.
• C) Requires the future outlay of cash and is relevant for future decision making.
• D) Is directly traceable to a cost object.
• E) Is irrelevant for cost-volume-profit and short-term decision making.

---

Definitions:

Real Power

The actual effectiveness or influence that an entity or individual can exert, differing from nominal or perceived power.

Array

A data structure that stores a fixed-size sequential collection of elements of the same type, allowing for indexed access to its elements.

Lowercase

Referring to the smaller form of letters in certain alphabets, not capitalized.