Carol Is Over 55 Years of Age and Is Targeted

question 35

Multiple Choice

Carol is over 55 years of age and is targeted for layoff because she is highly paid and has lucrative benefits. Which of the following terms explains what she has been subjected to?

• A) recessionary practice
• B) mockery and insult
• C) discriminatory practice
• D) exclusion
• E) incivility

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Definitions:

Fixed

Refers to something that is unchanging and stable, often used in the context of expenses or assets that do not vary with production volume.

Variable

An element, feature, or factor that is likely to vary or change; in scientific experiments, this is the factor being tested or measured.

Product Cost

Product cost refers to the total expenditure incurred to create a product, including direct materials, direct labor, and manufacturing overhead.

Period Cost

Expenses on a company's income statement that are not directly tied to the production of goods or services and are expensed in the period they are incurred.