Which of the Following Statements Is True Regarding the Salary

question 92

Multiple Choice

Which of the following statements is true regarding the salary of the manager of a fast-food hamburger restaurant?

• A) The salary is a fixed cost that is directly traceable to the cost of making hamburgers.
• B) The salary is a variable cost that is directly traceable to the cost of operating a specific restaurant.
• C) The salary is a variable cost that cannot be traced to the cost of operating a specific restaurant.
• D) None of the answers are correct.

---

Definitions:

Rate Of Inflation

The annual percentage rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.

Large-company Stocks

Shares that represent ownership in large, well-established companies typically characterized by a high market capitalization.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of data values, often used to gauge the risk associated with a certain investment or portfolio.