Select the Appropriate Classification of Each of the Costs Listed

question 108

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.
-Executive travel costs

• A)Discretionary fixed cost
• B)Committed fixed cost

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Definitions:

Coherence

The quality of being logical, consistent and clear; often used to describe how well parts of a whole fit together meaningfully.

Significance

The importance or meaning of something, especially in terms of its impact or relevance to a specific context or field.

Well-being

The state of being comfortable, healthy, or happy, encompassing physical, mental, and emotional health.

Self-actualization

Bringing to fruition or realizing one’s innate talents and potential, seen as a core drive or necessity in people.