Amounts spent for charitable contributions are an

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33. Amounts spent for charitable contributions are an example of a(n): A. committed fixed cost. B. committed variable cost. C. discretionary fixed cost. D. discretionary variable cost. E. engineered cost. Answer: C LO: 4 Type: RC
34. Which of the following would not typically be classified as a discretionary fixed cost?
35. Which of the following choices correctly classifies a committed fixed cost and a discretionary fixed cost?
36. Which type of fixed cost (1) tends to be more long-term in nature and (2) can be cut back more easily in bad economic times without doing serious harm to organizational goals and objectives?
37. High-tech automation combined with a downsizing of a company's hourly labor force often results in: A. increased fixed costs and increased variable costs.
B. increased fixed costs and reduced variable costs. C. reduced fixed costs and increased variable costs. D. reduced fixed costs and reduced variable costs. E. increased discretionary fixed costs and reduced committed fixed costs. Answer: B LO: 4 Type: RC 38. Which of the following techniques is not used to analyze cost behavior?
39. The high-low method and least-squares regression are used by accountants to:
40. Which of the following statements about the visual-fit method is (are) true? I. The method results in the creation of a scatter diagram. II. The method is not totally objective because of the manner in which the cost line is determined. III. The method is especially helpful in the determination of outliers.

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