Question
Which of the below best describes what a Fixed cost is: a) vary directly with changes in activity level b) remains steady for a lengthy
Which of the below best describes what a Fixed cost is:
a) vary directly with changes in activity level
b) remains steady for a lengthy period of time
c) changes in direct proportion to production output
d) Fixed cost is also a discretionary cost
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For Heintz/parrys College Accounting, Chapters 1-15, 22nd Edition, [instant Access]
Authors: James A. Heintz, Robert W. Parry
22nd Edition
1305669886, 9781305669888
