Select the Appropriate Classification of Each of the Costs Listed

question 68

Multiple Choice

Select the appropriate classification of each of the costs listed below.Each classification may be used more than once, and it is possible that one or more of the classifications may not be used at all.
-Salary of manager

• A)Discretionary fixed cost
• B)Committed fixed cost

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Definitions:

Lipids

A broad group of naturally occurring molecules that include fats, oils, waxes, and certain vitamins, which are crucial for energy storage and cell structure.

Geometric Isomers

Molecules with the same formula but different spatial arrangements of atoms, resulting in different physical and chemical properties.

Mirror Images

Objects that appear as if transformed along an axis, so that left and right are reversed, much like looking into a mirror.

Definition

A statement that explains the meaning of a term or a concept, providing a clear description of its essential qualities.