A Cost That Changes in Total as the Level of Activity

question 36

Multiple Choice

A cost that changes in total as the level of activity changes is known as which of the following?

• A)fixed cost.
• B)direct cost.
• C)indirect cost.
• D)variable cost.

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Definitions:

Cause-Effect Conclusion

A logical determination that identifies the relationship between causes and their effects.

Experimental Methods

A research methodology involving the manipulation of variables to establish cause-and-effect relationships.

Central Assumptions

Fundamental beliefs or ideas that are taken for granted at the base of an argument, theory, or policy.

Cognitive Theory

A theory focusing on the understanding of mental processes such as perception, memory, thought, and problem solving.