Osts Are Often Divided into Two Categories: ____________

question 45

Multiple Choice

osts are often divided into two categories: ____________.

• A) fixed and flexible costs
• B) direct and indirect costs
• C) necessary and unnecessary
• D) expected and unexpected
• E) budgeted and unbudgeted

---

Definitions:

Nanny-Camera

A hidden camera used for monitoring interactions within one's home, especially for observing caregivers.

Monitoring

Monitoring involves the continuous or regular observation and checking of activities or processes to ensure they are going as planned or meeting standards.

Moral Hazard

The situation in which one party is inclined to take risks because the negative consequences of the risk will be borne by another party.

Money-Back Guarantee

A money-back guarantee is a promise from a seller to refund a buyer's purchase price if the product sold does not satisfy the buyer's expectations.