A cost that has both a fixed and variable component is termed a:
A. step-fixed cost.
B. step-variable cost.
C. semivariable cost.
D. curvilinear cost.
E. discretionary cost.
Answer: C. semi variable cost.
A cost that has both a fixed and variable component is termed a:
A. step-fixed cost.
B. step-variable cost.
C. semivariable cost.
D. curvilinear cost.
E. discretionary cost.
Answer: C. semi variable cost.
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