The Difference Between Fixed and Variable Costs Is That

question 129

Multiple Choice

The difference between fixed and variable costs is that:

• A)variable costs move up and down with changes in sales while fixed costs remain constant.
• B)variable costs are only found in factory operations while fixed costs occur only in expenses.
• C)fixed costs are the costs of fixed assets, everything else is a variable cost.
• D)Both a and b

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Definitions:

Conditions

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Code B97.0

A specific code in the International Classification of Diseases system, representing a particular medical condition or diagnosis.

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