Select the Correct Statement Regarding General,selling,and Administrative (GS&A)costs

question 20

Multiple Choice

Select the correct statement regarding general,selling,and administrative (GS&A) costs.

• A) Variable general, selling, and administrative costs can have price variances.
• B) Variable general, selling, and administrative costs cannot have usage variances.
• C) Cost variances are not generally computed for fixed general, selling, and administrative costs.
• D) All of these answers are correct.

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Definitions:

Niche Market

A specialized segment of the market for a particular kind of product or service, aimed at satisfying specific customer needs, not addressed by mainstream providers.

Pharmaceutical Companies

Companies engaged in the research, development, manufacture, and distribution of drugs and medications for medical diagnosis and treatments.

Diversified Market

A market characterized by a variety of products, services, or sectors, which reduces investment risk and capitalizes on different growth opportunities.

Hardware Store

A retail business that sells tools, building supplies, and household hardware for home improvement.