Which of the Following Amounts of a Flexible Budget Remains

question 201

Multiple Choice

Which of the following amounts of a flexible budget remains constant,within the specified relevant range,when the sales volume changes?

• A) total contribution margin
• B) total fixed costs
• C) total variable costs
• D) total sales revenue

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Definitions:

Situational Factors

External forces that influence individuals' behavior and decision-making in specific contexts or environments.

Outgroup Heterogeneity Effects

The tendency to perceive members of an outgroup as more similar to each other than members of one's ingroup, often leading to stereotypes.

Stereotypes

Overgeneralized beliefs or expectations about the characteristics, behaviors, and roles of a particular group of people.

External Attributions

The process of attributing the cause of one's own or others' behaviors and outcomes to external factors.