A cost that changes with the level of output is called a(n) _____ cost
a. liquidity
b. variable
c. fixed
d. indirect
ANSWER: b
A cost that changes with the level of output is called a variable cost. An example of variable cost is the cost of materials.
Business
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An accurate statement about a training brand in a training function is that it is _____.
Fill in the blank(s) with the appropriate word(s).
Business
Which of the following statements is an example of an idiom?
A) David is in "a lot" of trouble because he missed a deadline. B) Erica has been deluged with an overabundance of work. C) The office was "like a graveyard" yesterday because we lost the bid. D) In creating the new software, Sally found that necessity is the mother of invention.
Business