A Characteristic of a Variable Cost Is

question 48

Multiple Choice

A characteristic of a variable cost is

• A)the total cost varies in proportion to changes in the level of activity.
• B)the cost per unit remains constant,regardless of the level of activity.
• C)both that the total cost varies in proportion to changes in the level of activity and that the cost per unit remains constant,regardless of the level of activity.
• D)neither that the total cost varies in proportion to changes in the level of activity nor that the cost per

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Definitions:

Executive

Pertains to the branch of a government or organization responsible for putting decisions or policies into effect, or referring to the higher-level administrative or managerial functions in a business.

Type B

Personality type characterized by a more relaxed, non-urgent approach to life, and less prone to stress compared to Type A personalities.

Achievement Oriented

A personality trait characterized by a constant pursuit of success and accomplishments through hard work and determination.

Relaxed

An experience characterized by the absence of nervousness and stress.