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Seneca College *

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440

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Accounting

Date

Nov 24, 2024

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pdf

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2

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10/30/23, 8:22 PM Chapter 4 Quiz https://www.ameengage.com/mod/quiz/review.php?attempt=4638429&cmid=1260498&page=1 1/2 Dashboard / My courses / [Seneca 09/2023] HTM440NHA - Nardi / CHAPTER 4 - Cost-Volume-Profit Analysis / Chapter 4 Quiz Question 2 Not answered Marked out of 1.00 Fixed costs can be identified as: Select one: a. Costs that are annual only b. Costs that require production to be identified c. Costs that are the same regardless of sales volume d. Costs that change in direct relation to sales volume Your answer is incorrect. Explanation: Costs that are the same regardless of sales volume are known as fixed costs. The correct answer is: Costs that are the same regardless of sales volume
10/30/23, 8:22 PM Chapter 4 Quiz https://www.ameengage.com/mod/quiz/review.php?attempt=4638429&cmid=1260498&page=1 2/2
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