Rent,electricity,and executive salaries that do not vary with production level are referred to as ________ costs.
A) fixed
B) variable
C) break-even
D) target
E) promotional

Question

Quizplus · Accepted Answer

Fixed costs are expenses that don't change, regardless of how much a business produces or sells. Rent, electricity, and executive salaries all fall under this category.

Rent,electricity,and Executive Salaries That Do Not Vary with Production Level