Which of the Following Statements Is a Fixed Cost in a Clothing

question 20

Multiple Choice

Which of the following statements is a fixed cost in a clothing store?

• A) store manager's salary
• B) electricity
• C) sales commissions
• D) inventory
• E) paper for the cash register

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Definitions:

Proper Indorsement

A legally acceptable signature or annotation on a document, such as a check, that authorizes its transfer or acceptance.

Dishonor

The refusal or inability to pay a debt when due, or the failure of a financial instrument, like a check, to be accepted or paid on presentation.

Refusal

The act of declining or rejecting an offer, request, or command.

Liability

The state of being legally responsible for something, typically a debt or obligation.