Whether a cost behaves as a fixed cost or as a variable cost depends upon the:

A. significance of the dollar amount of the cost.
B. cost structure of the company.
C. activity base used.
D. industry


Answer: C

Business

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Activities that determine the underlying economic structure of the organization are executional activities

Indicate whether the statement is true or false

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Researchers who are interested in the structure of interactions typically conduct ______.

A. content analysis B. interaction analysis C. rhetorical criticism D. textual analysis

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The ability to communicate effectively is the second most important skill for a sales career behind financial shrewdness.

Answer the following statement true (T) or false (F)

Business

Which of the following statements is correct concerning the reporting of quantitative data?

a. People are not usually interested in proportions or ratios, because they are confusing. b. When tabulating research results of opinions and preferences, reporting exact statistics to the most accurate decimal point is necessary to avoid distortion in interpretation. c. Common language reduces difficult figures to the "common denominators" of language and ideas. d. Because of their absolute and understood value; dollars are a good measure of comparison from one year to another.

Business