ACCT2320 - 2.2

ACCT2320 - 2.2

University

18 Qs

quiz-placeholder

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ACCT2320 - 2.2

ACCT2320 - 2.2

Assessment

Quiz

Other

University

Easy

Created by

Zi B

Used 5+ times

FREE Resource

18 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

total costs stay the same for ANY number of units produced

fixed costs

variable costs

mixed costs

step fixed costs

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

includes fixed and variable costs

fixed costs

variable costs

mixed costs

step fixed costs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

costs INCREASES as units increases

fixed costs

variable costs

mixed costs

step fixed costs

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

cost is the same within a certain range but increases once you past it

fixed costs

variable costs

mixed costs

step fixed costs

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

fixed costs are "_"

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

per unit fixed costs _ the more units we produce

increases

decreases

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

total fixed costs _ regardless of how many units we produce

remain same

increase by the same amount

decreases

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