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Saifali Nakarani
on Nov 07, 2024

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Which of the following would likely be considered a variable cost for a given time period?

A) Sales commissions.
B) Salary of the Chief Financial Officer.
C) Automobile lease expense.
D) Membership fee with the local seller's consortium.
E) Insurance for the corporation's buildings.

Variable Cost

Variable Cost refers to costs that change in proportion to the level of goods or services that a business produces.

Sales Commissions

Sales commissions are payments made to salespersons for selling products or services, typically a percentage of the sale price.

Chief Financial Officer

A senior executive responsible for managing the financial actions of a company.

  • Differentiate between variable expenses and fixed expenses within the realm of business operations.
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KD
Katie dorneyNov 07, 2024
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