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:

Entitleds

Individuals who believe they deserve certain privileges or treatment irrespective of their actual achievements or contributions.

Overreward Inequity

A situation where an individual perceives they are receiving more rewards than what their efforts justify.

Underrewarded

The feeling or situation that arises when an individual perceives that their rewards or compensations do not reflect their contributions or efforts adequately.

Fixed Pay

A predetermined amount of salary or wages that an employee receives on a regular basis, such as weekly or monthly, regardless of performance.