In a Responsibility Income Statement, the Term Common Fixed Costs

question 69

Multiple Choice

In a responsibility income statement, the term common fixed costs describes fixed costs that:

• A) Occur every month.
• B) Jointly benefit several responsibility centers of the business.
• C) Occur in virtually every responsibility center of the business (such as salaries).
• D) Are easily traceable to specific profit centers.

---

Definitions:

Diastole

Relaxation period of a heart chamber during the cardiac cycle.

Systole

The phase of the heart cycle during which the heart muscles contract and pump blood from the chambers into the arteries.

Superior Vena Cava

The superior vena cava is a large vein that carries deoxygenated blood from the upper half of the body back to the heart.

Blood Pressure

The force exerted by circulating blood upon the walls of blood vessels, essential for maintaining the body's circulatory system.