-The item marked 4 in the accompanying figure indicates the _______ expenses.
A)fixed
B)mixed
C)variable
D)absolute

Name: -The item marked 4 in the accompanying figure indicates the _______ expenses. A)fixed B)mixed C)variable D)absolute
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Question

-The item marked 4 in the accompanying figure indicates the _______ expenses.
A)fixed 
B)mixed 
C)variable 
D)absolute

Quizplus · Accepted Answer

Fixed expenses are those that remain constant regardless of the level of activity. In the figure, item 4 represents rent expense, which is a fixed expense.

-The Item Marked 4 in the Accompanying Figure Indicates the _______