Knowing How Costs Behave Is Useful to Management for All

question 40

Multiple Choice

Knowing how costs behave is useful to management for all the following reasons EXCEPT for

• A)predicting customer demand.
• B)predicting profits as sales and production volumes change.
• C)estimating costs.
• D)changing an existing product production.

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Definitions:

Constructivist

Constructivism is an artistic and architectural philosophy that originated in Russia in the early 20th century, emphasizing abstract, geometric forms and the use of modern materials to reflect modern social functions and values.

Sculptural Style

The distinct manner or technique in which sculptures are fashioned, often indicative of a specific period, culture, or artist.

Readymades

Artistic works created by selecting and designating ordinary, manufactured objects as art, a concept most associated with Marcel Duchamp.

Dada Artist

An artist associated with Dadaism, a cultural movement of the European avant-garde in the 20th century, known for its anti-war politics and rejection of traditional aesthetic norms.