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    Cornerstones of Managerial Accounting Study Set 3
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    Exam 3: Cost Behaviour
  5. Question
    What Is Characteristic of a Committed Fixed Cost
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What Is Characteristic of a Committed Fixed Cost

Question 55

Question 55

Multiple Choice

What is characteristic of a committed fixed cost?


A) It can be easily changed.
B) It often involves a long-term contract.
C) It changes when output changes.
D) It includes direct materials.

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