Which Statement Is True

question 2

Multiple Choice

Which statement is true?

• A)All variable costs are direct costs.
• B)Because of a cost-benefit tradeoff, some direct costs may be treated as indirect costs.
• C)All fixed costs are indirect costs.
• D)All direct costs are variable costs.

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Definitions:

Well-Being

A comprehensive term for the condition of an individual or group, encompassing physical, psychological, and social aspects of health and happiness.

Climate

The long-term pattern of temperature, humidity, wind, etc., in a particular area, significantly influenced by geographical location and atmospheric conditions.

Marital Status

A legal or social acknowledgment of a person's current state regarding marriage, such as single, married, divorced, or widowed.

Age

The length of time that a person has lived or a thing has existed.