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    Exam 7: Risk Analysis, Real Options, and Capital Budgeting
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    Which One of the Following Is Most Likely a Variable
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Which One of the Following Is Most Likely a Variable

Question 5

Question 5

Multiple Choice

Which one of the following is most likely a variable cost?


A) Office rent
B) Property taxes
C) Property insurance
D) Direct labor costs
E) Management salaries

Correct Answer:

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