Asked by

Jesse McPherson
on Oct 11, 2024

verifed

Verified

The salary paid to a store manager is not a traceable fixed expense of the store.

Traceable Fixed Expense

Expenses that can be directly linked to a specific department or segment of a business and would disappear if the department or segment was disbanded.

Store Manager

An individual responsible for overseeing the daily operations of a store, including personnel management, inventory control, and customer service.

Salary

A fixed regular payment, typically paid on a monthly or biweekly basis but often expressed as an annual sum, made by an employer to an employee.

  • Understand the relevance of traceable fixed expenses and common fixed costs in segmented reporting.
verifed

Verified Answer

TW
Toynell WilliamsOct 13, 2024
Final Answer:
Get Full Answer