Select the Appropriate Classification of Each of the Costs Listed

question 38

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.
-Property taxes

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

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Definitions:

Training Program Effectiveness

Evaluation of how well a training program achieves its objectives, often measured by participants' knowledge gain, skill improvement, and positive changes in behavior.

Benchmarking

The process of measuring one’s own services and practices against the recognized leaders in order to identify areas for improvement.

Strategic Imitation

The practice of copying or adapting successful strategies, products, or practices from competitors or industry leaders, with adjustments for improvement or differentiation.

Environmental Analysis

The process of assessing and interpreting the external and internal environments of an organization to identify opportunities, threats, trends, and strategic uncertainties.