When Managers Talk About Cost Behavior,they Are Referring to

question 45

Multiple Choice

When managers talk about cost behavior,they are referring to

• A)Where a cost is reported on the income statement.
• B)The way in which total costs change in response to changes in the level of activity.
• C)The method used to determine whether a cost is accrued or expensed.
• D)None of these ans choice are correct.

---

Definitions:

Organizational

Relating to the structure or functioning of an organization or the collective group organized for a particular purpose.

Operational

Pertaining to the daily activities and functions necessary for an organization or system to run efficiently and effectively.

State of Crisis

A situation or period in which an organization or community faces significant challenges or threats that require immediate and effective response.

Strategic Planning

The process of defining an organization's strategy or direction and making decisions on allocating resources to pursue this strategy.