Committed costs is a term used to refer to fixed costs, whereas discretionary costs refers to variable
Question:
“Committed costs” is a term used to refer to fixed costs, whereas “discretionary costs” refers to variable costs. Do you agree? If you do not agree, explain why the statement is false.
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No I do not agree Discretionary costs are fixed costs incurred from management decisions about s...View the full answer
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Muhammad Salman Alvi
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Related Book For 
Managerial Accounting
ISBN: 9780137689453
1st Edition
Authors: Jennifer Cainas, Celina J. Jozsi, Kelly Richmond Pope
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