Cost Behavior

Cost Behavior

Start

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PIXEL QUIZ

question 1/5

According to the video you have just watched, how many types of costs are there when it comes to cost behaviours?

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FEEDBACK

There are 4 different cost types they are: 1. Fixed costs 2. Stepped costs 3. Variable costs 4. Semi variable costs

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False.

True.

PIXEL QUIZ

QUESTION 2/5

“Fixed Cost means that no matter what the activity, the costs will remain the same” – Is this true or false?

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FEEDBACK

A fixed cost means that the prices will remain the same no matter the activity.

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Variable costs.

Fixed costs.

Stepped Costs.

PIXEL QUIZ

QUESTION 3/5

What costs change depending on a particular activity level but increase or decrease once a threshold is crossed?

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FEEDBACK

Stepped costs are expenses that are constant for a given level of activity, but increase or decrease once a threshold is crossed. Step costs change disproportionately when production levels of a manufacturer, or activity levels of any enterprise, increase or decrease.

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Increase.

Proportion.

Activities.

PIXEL QUIZ

QUESTION 4/5

Select the word you think is the most appropriate for the sentence below.

A variable cost is a corporate expense that changes in ____________to how much a company produces or sells.

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True.

False.

PIXEL QUIZ

QUESTION 5/5

“A semi-variable cost will decrease if an activity goes down” – Is this true or false?

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FEEDBACK

When you are delivering the facts the tone of your voice needs to be direct and sincere, as opposed to being apologetic and waving your hands.

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CONGRATS!

START OVER?

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Invasion!

TRY AGAIN

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