Select the appropriate classification of each of the costs listed below.Each classification may be used more than once, and it is possible that one or more of the classifications may not be used at all.
-Cost of executive training seminars
A)Discretionary fixed cost
B)Committed fixed cost

Question

Quizplus · Accepted Answer

Executive training seminars are considered discretionary fixed costs because they are optional expenses that can be adjusted or eliminated depending on the company's needs and priorities. They are not essential to the ongoing operations of the business and can be considered investments in employee development and growth.

Select the Appropriate Classification of Each of the Costs Listed