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FUNDAMENTAL CONCEPTS OF COST — Commercial Studies STD 10 — Question

ICSE BoardEnglish MediumSTD 10Commercial StudiesFUNDAMENTAL CONCEPTS OF COST1 Mark
MCQ
The cost which does not vary proportionately but do not remain constant with changes in the volume of output are known as ________ cost.
  • A
    Variable
  • ✓
    Semi-variable
  • C
    Fixed
  • D
    Routine
✓

Answer

Correct option: B.
Semi-variable
B

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