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Which One of the Following Senses Is a Special Sense

question 69

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Which one of the following senses is a special sense?


Definitions:

Fixed Overhead Costs

Expenses that remain constant for a period of time irrespective of the level of outputs, like factory rent or salary of permanent employees.

High-low Method

A technique used in accounting to estimate fixed and variable costs based on the highest and lowest levels of activity.

Electrical Cost

The expenses associated with the consumption of electricity by a company or facility.

High-low Method

A technique used in cost accounting to estimate cost behavior and predict future costs based on the highest and lowest levels of activity and their corresponding costs.

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