Property taxes are an example of a(n):
A)committed ﬁxed cost.
B)committed variable cost.
C)discretionary ﬁxed cost.
D)discretionary variable cost.
E)engineered cost.

Name: Property taxes are an example of a(n): A)committed ﬁxed cost. B)committed variable cost. C)discretionary ﬁxed cost. D)discretionary variable cost. E)engineered cost.
Brand: Quizplus
Rating: 4.8 (41 reviews)

Question

Quizplus · Accepted Answer

Property taxes are a committed cost because they are mandatory and fixed, meaning they do not vary with changes in the level of production or sales.

Property Taxes Are an Example of A(n)