Select the Appropriate Classification of Each of the Costs Listed

question 122

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.
-Cost of lubricating machinery

• A)Variable cost
• B)Fixed cost

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Definitions:

Effects in Workplace

The impact or outcome of certain actions, processes, or policies within a work environment on employees or organizational performance.

Clear Goals

Specific, well-defined objectives that are easy to understand and aim towards, facilitating focused efforts and achievement.

Appropriate Feedback

Constructive and relevant information given to an individual or group regarding their behavior or performance intended to guide future improvements.

Equity Theory

A theory in social psychology and organizational behavior that explains how individuals perceive fairness in distribution of resources within interpersonal relationships, leading to feelings of satisfaction or dissatisfaction.