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  • Cost Accounting Test 3
  • Directions: Choose the correct option for the given quest...
Multiple choice

Directions: Choose the correct option for the given question.

Telephone expense is a/an _____ expense.

  1. variable

  2. semi variable

  3. fixed

  4. direct

  5. indirect

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Telephone expenses typically consist of a fixed monthly rental charge and a variable component based on usage. Therefore, they are classified as semi-variable or semi-fixed costs.

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