What are expenses that do not vary with the level of sales, such as rent, salaries, utilities,

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What are expenses that do not vary with the level of sales, such as rent, salaries, utilities, insurance and other operating expenses?

A. Fixed costs

B. Variable costs

C. Balance sheet

D. Cash flow statements

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Entrepreneurship

ISBN: 9781975076344

1st Edition

Authors: OpenStax

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Question Posted: Oct 16, 2023 06:57 AM

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What are expenses that do not vary with the level of sales, such as rent, salaries, utilities,

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The answer is A Fixed costs Fixed costs are expenses that remain the same regardless of the l...View the full answer

Entrepreneurship

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