Solved

Which of the Following Statements Is More Likely to Be

Question 1

Multiple Choice

Which of the following statements is more likely to be true?


A) Not all business costs can be classified as variable costs or fixed costs; the terms vary with the unit produced or the service provided
B) The higher the fixed costs, the easier it is to gain a high return on assets
C) The higher the variable costs, the easier it is to achieve a high gross margin
D) The higher the fixed costs, the easier it is to achieve a high gross margin

Correct Answer:

verifed

Verified

Related Questions