To Make Predictions About Costs and Income,costs Must Be Classified

question 6

Multiple Choice

To make predictions about costs and income,costs must be classified as either

• A)fixed or variable.
• B)product or administrative.
• C)direct material or conversion.
• D)direct or indirect.

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Definitions:

\(4x+5\)

A linear expression representing a line with a slope of 4 and a y-intercept of 5.

\(x-2\)

An algebraic expression representing the subtraction of 2 from the variable x.

Principal P

The initial amount of money on which interest is calculated in financial transactions.

Rounded

The process of adjusting a number to a nearby specified value, usually to a specified number of significant digits or decimal places.