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:

Acoustic Coding

A process by which information is represented and remembered in the form of sound, important in verbal memory.

Long-term Memory

A type of memory capable of storing large amounts of information for long periods of time, sometimes indefinitely.

Simonides

Simonides was an ancient Greek lyric poet, credited with significant contributions to the mnemonics field, particularly the method of loci, an effective memory enhancement technique.

Method Of Loci

A mnemonic technique that involves associating items to be remembered with physical locations.