Question: Select the description from the list provided that best matches the following term. Variable cost Multiple Choice A factor that causes ( or drives )

Select the description from the list provided that best matches the following term. Variable cost
Multiple Choice
A factor that causes (or drives) changes in costs
Costs composed of both fixed and variable components
A cost that remains constant in total when volume changes
The difference between a company's sales revenue and its variable costs
Select the description from the list provided

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!