Which of the following assets do not spontaneously vary with the level of sales?
1) accounts receivable
2) equipment
3) plant
A)1 and 2
B)1 and 3
C)2 and 3
D)1, 2, and 3

Question

Which of the following assets do not spontaneously vary with the level of sales?​
​1) accounts receivable
2) equipment
3) plant
A)​1 and 2
B)​1 and 3
C)​2 and 3
D)​1, 2, and 3

Quizplus · Accepted Answer

2) Equipment and 3) Plant do not spontaneously vary with the level of sales. They are fixed assets and do not directly change with sales volume.

Which of the Following Assets Do Not Spontaneously Vary with the Level