An Example of a Variable Cost Is

question 63

Multiple Choice

An example of a variable cost is:

• A)manager's salary.
• B)local government rates.
• C)rent.
• D)cost of raw materials.

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Definitions:

Grievance Procedure

A formalized procedure for resolving disputes if the parties have a disagreement regarding the interpretation of a term of the collective agreement.

Preparation

The act or process of making ready or being made ready for use or consideration.

Conciliation

A method of dispute resolution where a neutral third party assists the disputing parties in reaching a voluntary agreement.

Union Organizing

The process of forming or joining a labor union to represent employees' interests in negotiations with employers.