Select the appropriate type of fixed cost for each cost listed below.
-rent of building
A)discretionary
B)committed

Name: Select the appropriate type of fixed cost for each cost listed below. -rent of building A)discretionary B)committed
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Question

Quizplus · Accepted Answer

Rent of a building is a committed fixed cost because it is a long-term fixed expense that cannot be easily changed or cancelled without incurring significant penalties or legal consequences. It is also necessary for the operation of the business.

Select the Appropriate Type of Fixed Cost for Each Cost