Kwan Checks Her Email for New Messages Several Times During

question 49

Multiple Choice

Kwan checks her email for new messages several times during the day.She realizes that because emails are sent on a ________________ schedule,checking her email more frequently will not increase the number of new emails she receives in a day.Furthermore,she knows that she cannot predict when people will email her,but if an email has been sent to her,she will receive it the next time she checks.

• A)fixed-ratio
• B)fixed-interval
• C)variable-ratio
• D)variable-interval

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Definitions:

Variable Costing

A costing method that includes only variable production costs in the cost of goods sold and treats fixed manufacturing overhead as a period expense.

External Financial Reporting

The process of reporting financial information to external stakeholders, such as investors and creditors, through financial statements.

Method

A systematic way of doing things or a procedure. This definition is broadly applicable across different contexts including sciences, arts, and business operations.

Variable Costing

An accounting method that includes only variable production costs (direct materials, direct labor, and variable manufacturing overhead) in product costs and treats fixed manufacturing overhead as a period expense.