Within the Relevant Range, If There Is a Change in the Level

question 130

Multiple Choice

Within the relevant range, if there is a change in the level of the cost driver, then ________.

• A) total fixed costs and total variable costs will change
• B) total fixed costs and total variable costs will remain the same
• C) total fixed costs will remain the same and total variable costs will change
• D) total fixed costs will change and total variable costs will remain the same

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Definitions:

Marketing Strategy

A comprehensive plan formulated by a business to achieve specific marketing objectives and to appeal to its target market.

Competitor Strengths

The advantages or assets that give an organization or individual an edge over others in the same market or field.

Sales Goals

Specific objectives set by a business related to the amount of product or services sold within a particular timeframe.

Proprietorship

A type of business entity owned and run by one individual, with no distinction between the business and the owner.