In a Responsibility Income Statement,the Term Common Fixed Costs Describes

question 22

Multiple Choice

In a responsibility income statement,the term common fixed costs describes fixed costs that:

• A)Are under the manager's immediate control.
• B)Jointly benefit several responsibility centers of the business.
• C)Occur in virtually every responsibility center of the business (such as salaries).
• D)Are easily traceable to specific profit centers.

---

Definitions:

Generous

Showing a readiness to give more of something, especially money or time, than is strictly necessary or expected.

Charitable

Related to the act of giving help, especially financial support, to those in need.

Virtues List

A compilation of moral and ethical qualities considered as positive traits and admired in a person.

Justice

The fair and equitable treatment of individuals, ensuring that rights are upheld and that decisions are made according to the rule of law and ethical standards.