Anna Kathryn is attending budget training for new supervisors. The representative from Finale explains that costs ________ will vary in direct proportion to changes in the volume of care provided.

Question

Quizplus · Accepted Answer

Costs that vary in direct proportion to changes in volume of care provided are called variable costs. Fixed costs remain constant regardless of volume, periodic costs occur at regular intervals, and semi-variable costs have both fixed and variable components.

Anna Kathryn Is Attending Budget Training for New Supervisors