Fixed cost is a cost
A. which changes in total in proportion to changes in output
B. which remains same for each unit of output
C. which is partly fixed and partly variable in relation to output
D. which do not change in total during a given period despise changes in output
Answer: Option D
This Question Belongs to Management >> Management Accounting
A. resourcing
B. value acquiring
C. production
D. value acquaintance
Examining of past performance, exploring alternative and planning future is
A. learning
B. alternating
C. examining
D. deciding
Time that a company takes to create and produce a new product is classified as
A. management factor
B. time factor
C. customer factor
D. chain factor
Purpose of management accounting is to
A. past orientation
B. help banks make decisions
C. help managers make decisions
D. help investors make decision
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