Which of the following is true?
A)A change in fixed costs (other than for inflation or other price changes)usually involves a change in long-term assets,whereas a change in semi-fixed costs often does not.
B)A change in fixed costs (other than for inflation or other price changes)usually involves a change in short-term assets,whereas a change in semi-fixed costs often does not.
C)A change in semivariable costs (other than for inflation or other price changes)usually involves a change in long-term assets,whereas a change in semi-fixed costs often does not.
D)A change in semivariable costs (other than for inflation or other price changes)usually involves a change in short-term assets,whereas a change in semi-fixed costs often does not.

Question

Quizplus · Accepted Answer

Fixed costs are typically associated with long-term assets such as buildings, machinery, and equipment. Therefore, a change in fixed costs would usually involve a change in long-term assets. On the other hand, semi-fixed costs, such as salaries or rent, may not necessarily involve a change in long-term assets.

Which of the Following Is True