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allsm [11]
3 years ago
13

A fixed cost: Multiple Choice Is irrelevant for cost-volume-profit and short-term decision making. Changes with changes in the v

olume of activity within the relevant range. Does not change with changes in the volume of activity within the relevant range. Is directly traceable to a cost object. Requires the future outlay of cash and is relevant for future decision making.
Business
1 answer:
Scilla [17]3 years ago
6 0

Answer:

Does not change with changes in the volume of activity within the relevant range

Explanation:

The fixed cost is the cost that remains fixed whether the production level is increased or it should remain the fixed. The examples like depreciation expense, rent expense, etc

So it does not change when the volume of activity vary

Therefore the third option is correct

And, the rest of the options are incorrect

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Burger King licenses its brand name to foreign firms as long as they agree to run their restaurants on exactly the same lines as
finlep [7]

Answer:

c. franchising

Explanation:

Franchising -

It refers to the practice of financing any startup or organization , under a specified name , is referred to as franchising .

The franchisee need to pay some specific amount as soon as he take up the brand name , which is referred to as the franchise agreement .

Hence , from the given scenario of the question ,

The correct answer is c. franchising .

8 0
3 years ago
Read 2 more answers
New brands with small market shares tend to spend higher on advertising and sales promotions than those with large market shares
IceJOKER [234]

Answer:

The value of market shares is directly proportionate to the amount of money spent on advertising

Explanation:

Advertising is part and parcel of promotion, which is targeted at encouraging customers to buy one's product by taking them through the AIDA sequence of promotion.

AIDA is an acronym for Awareness,Interest,Desire and Action, where creating awareness by bringing the products to the attention of the customers through advertising results in interest and desire being aroused and eventually leading to action of buying the product which ultimately leads to repeat buying and increase in market share overall.

5 0
4 years ago
Sophie is highly concerned about what others think of her. She is extremely careful about freely displaying her feelings and opi
antiseptic1488 [7]

Answer:

The correct answer is letter "C": high on self-monitoring.

Explanation:

American psychologist Mark Snyder proposed the self-monitoring scale to explain how much people measure their behavior and affective demonstrations in front of others. Self-monitoring is the ability individuals have to evaluate their behavior to provide a good impression to others.

Thus, Sophie would score high in a self-monitoring test.

4 0
4 years ago
A Ground Fault Circuit Interrupter (GFCI) is designed to do which of the following?
Ymorist [56]

Answer: Protect people from severe and sometimes fatal electrocution by monitoring for electrical leakage to ground.

Explanation:

The main purpose of a Ground Fault Circuit Interrupter (GFCI) is to ensure that when a person gets electrocuted, the flow of electricity is cut off quickly so that no serious injuries or death occurs.

It works by monitoring the electrical leakage to the ground by checking to see if the current going to and coming from the equipment differ by a certain amount and if it does, the GFCI will interrupt the circuit.

5 0
3 years ago
Assume that as your income increases, your consumption of burgers decreases. We can assume that your income elasticity of demand
hodyreva [135]

Answer: Option (d) is correct.

Explanation:

Here, Income elasticity of demand for burger is negative because burger is considered as inferior good for this person. There is a inverse relationship between the income of an individual and demand for a inferior good which means that as the income of a consumer increases, as a result demand for inferior good decreases whereas demand for normal good increases with increased income level. Income elasticity of demand for normal good is positive.

6 0
4 years ago
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