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:

Regular Workforce

Describes the employees who work under standard employment contracts with predictable hours and benefits, as opposed to temporary or freelance workers.

Compressed Workweek

An employment schedule that allows a full week's work to be completed in fewer days than the traditional five-day workweek.

Full-Time Job

Describes employment where an individual works a standard number of hours set by their employer, usually around 35 to 40 hours per week.

Standard Five Days

A typical workweek structure, often Monday through Friday, used in many businesses and organizations for scheduling work.