Match Each Following Terms with Their Correct Description from the Items

question 94

Multiple Choice

Match each following terms with their correct description from the items listed below.
-Can be changed by management

• A)Committed fixed cost
• B)Discretionary fixed cost
• C)Mixed cost
• D)Step cost

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Definitions:

Social Norm

An unwritten rule or behavior that is considered acceptable or expected within a society or social group.

Cultures

The characteristic features of everyday existence shared by people in a place or time, including beliefs, behaviors, and social norms.

High-context Culture

Cultures where communication relies heavily on implicit messages and contextual cues rather than explicit words.

Low-context Culture

Cultures where communication is explicit, messages are direct, and understanding does not heavily rely on contextual cues or shared background.