Multiple Choice
Cost containment practices by a firm would not be effective for cost increases caused by
A) inflation.
B) a reduction in the quantity of an input purchased.
C) normal seasonality.
D) a reduction in the number of suppliers.
Correct Answer:

Verified
Correct Answer:
Verified
Q16: For cost control purposes,fixed costs are classified
Q17: Costs that have been found to bear
Q18: Setting organizational goals and objectives and preparing
Q19: The maximum allowable expenditure is the<br>A)appropriation.<br>B)allowance.<br>C)allocation.<br>D)committed fixed
Q20: If a discretionary cost can be treated
Q22: The portion of variance in a dependent
Q23: Maintaining excessive cash may reduce firm profitability
Q24: The difference between actual sales and budgeted
Q25: Which kind of costs could be
Q26: What are the usual sources for cash