Select the Appropriate Type of Fixed Cost for Each Cost

question 126

Multiple Choice

Select the appropriate type of fixed cost for each cost listed below.
-cost of leasing

• A)discretionary
• B)committed

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Definitions:

U.S. Dollars

The official currency of the United States, represented by the symbol $.

Australian Dollars

The currency of Australia, often represented as AUD, which is the legal tender in Australia and its territories.

Exchange Rate

The worth of one currency compared to another, establishing the amount of one currency equivalent in another currency for conversion purposes.

U.S. Dollars

The official currency of the United States, used as a standard monetary unit in international finance.