Question
When a cost base does not change regardless of the activity the cost is a fixed cost. True False 1 points QUESTION 2 Fix cost
When a cost base does not change regardless of the activity the cost is a fixed cost.
True
False
1 points
QUESTION 2
Fix cost does not remain consistent when activity changes.
True
False
1 points
QUESTION 3
Fixed cost per unit is not fixed.
True
False
1 points
QUESTION 4
A fixed cost represents a commitment to an economic sacrifice.
True
False
1 points
QUESTION 5
Total variable costs increases in direct proportion to the activity.
True
False
1 points
QUESTION 6
Variable cost per unit remains constant regardless of the activity.
True
False
1 points
QUESTION 7
Variable cost structure produces a proportional relationship between sales and profitability.
True
False
1 points
QUESTION 8
The term fixed refers to the behavior of total variable cost.
True
False
1 points
QUESTION 9
The term variable refers to the behavior of total fixed cost.
True
False
1 points
QUESTION 10
Mixed costs include both fixed and variable components.
True
False
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