Management Accounting - Multiple Choice Questions Question: Which of the following best defines a...
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Management Accounting Multiple Choice Questions Question: Which of the following best defines a fixed cost? A A cost that remains constant in total regardless of changes in the level of activity within the relevant range. B A cost that varies in total directly and proportionately with changes in the level of activity. C A cost that remains constant per unit but varies in total. D A cost that is easily traceable to a specific cost object. 
Management Accounting Multiple Choice Questions
Question: Which of the following best defines a fixed cost?
A A cost that remains constant in total regardless of changes in the level of activity
within the relevant range.
B A cost that varies in total directly and proportionately with changes in the level of
activity.
C A cost that remains constant per unit but varies in total.
D A cost that is easily traceable to a specific cost object.
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