Costs that change with the level of production are referred to as ________
A) fixed costs
B) variable costs
C) target costs
D) total costs
E) overhead costs
B
You might also like to view...
Which of the following best describes a legal issue?
A) A legal issue is the ultimate reasoning behind a judge's final decision. B) A legal issue is the set of facts by which the lawyers and their clients assist the judge in reaching a final decision. C) A legal issue is the question that caused the lawyers and their clients to enter the legal system. D) A legal issue is an ethical norm fundamental to the court's decision.
Katarina worked as an ER nurse, and knows that demand for the job is high. However, prior to returning to work, when the twins enter kindergarten, she will need to take classes on the latest technological advancements
Which of the following tax planning strategies should the Bajorshiks consider as they plan their financial future? A) When Katrina returns to school, they should track school-related expenses and determine eligibility for the Lifetime Learning credit. B) While the children are under age 13, the Bajorshiks should track childcare expenses and determine eligibility for the child and dependent care credit. C) Both A and B are legitimate tax planning strategies that the couple should consider. D) Neither A nor B is a tax planning strategy that is relevant to this couple's situation.