Select the Appropriate Classification of Each of the Costs Listed

question 122

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.
-Cost of lubricating machinery

• A)Variable cost
• B)Fixed cost

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Definitions:

Major Retailers

Large and influential retail businesses that operate on a national or international scale, typically dominating market sectors or industries.

Seminar Selling

A sales method that involves organizing educational meetings or workshops aimed at pitching a product or service to potential buyers.

Technical Staff

Individuals who possess specialized skills or knowledge in technical fields and support the development, operation, or repair of technology or products.

State-of-the-Art Developments

The most advanced and sophisticated level of technology, methodology, or knowledge in a particular field or industry.