Which of the Following Costs Changes in Total in Direct

question 152

Multiple Choice

Which of the following costs changes in total in direct proportion to a change in volume?

• A) fixed cost
• B) variable cost
• C) mixed cost
• D) period cost

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Definitions:

Annual Payment

A recurring payment made once a year, often related to loans, insurance policies, or subscriptions.

Cash

Currency and other items that are accepted by banks for deposit and are readily available for use.

Bond Issue Prices

The price at which a bond is sold to the public, which may be at a premium or discount to its face value.

Determined

Having made a firm decision and being resolved not to change it, often in the context of achieving a goal or completing a task.