Question: Classify the following fixed costs as normally being either committed or discretionary: (a) Depreciation on buildings. (b) Advertising (c) Research (d) Long-term equipment leases. (e)

Classify the following fixed costs as normally being either committed or discretionary:

(a) Depreciation on buildings.

(b) Advertising

(c) Research

(d) Long-term equipment leases.

(e) Pension payments to the company’s retirees.

(f) Management development and training.

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