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A service company provides accountancy training courses. Which THREE of the following would be classified as variable costs of the company?
Suggested Answer: B
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33 comments · newest first
LA
Laurel
12 months ago
I agree, D is the only clear variable cost here!
ME
Mee
12 months ago
Office rental is a fixed cost, right?
EM
Emogene
1 year ago
Wait, are conference room hires really variable?
TA
Taryn
1 year ago
Definitely D for advertising!
LA
Lang
1 year ago
Lecturers' fees are fixed, not variable.
ST
Starr
1 year ago
I feel like office rental is definitely a fixed cost, but I'm confused about the course manager's salary—does that count as variable?
LA
Lashaun
1 year ago
I practiced a similar question where we had to identify variable costs, and I think the hire of conference rooms could be variable if it depends on the number of courses.
GA
Galen
1 year ago
I'm not entirely sure, but I think the lecturers' fees are fixed since they get paid a flat rate, right?
EL
Elbert
1 year ago
I remember variable costs are those that change with the level of output, so I think advertising might be one of them since it varies by course.
GA
Garry
1 year ago
Okay, veracity is about truthfulness, so the answer has to be B. That's the only option that directly mentions honesty and lack of deception.
SU
Susana
1 year ago
I'm a bit unsure about this one. I know SYSKEY is related to Windows security, but I'm not familiar with the specifics of the number of bits used for encryption.
VI
Vivan
1 year ago
This is a good one. I remember learning about the Activity Settings page and the different configuration options it provides. I think I can narrow down the correct answer here.
MY
Myra
1 year ago
I'm a bit stumped on this one. The information provided seems straightforward, but I'll need to carefully analyze each option to determine the root cause.
LE
Letha
1 year ago
This is a tricky one, but I'm going with C, D, and F. The lecturers' fees and advertising costs make sense as variable costs, and the course manager's salary is a fixed cost. Easy peasy, lemon squeezy!
GR
Gracia
1 year ago
Exactly! Variable costs change with the level of activity, while fixed costs remain constant. It's important to distinguish between the two for accurate cost analysis.
KE
Kenia
1 year ago
I agree with you. Those are the variable costs because they vary with the level of activity. The hire of conference rooms and office rental are fixed costs.
AR
Ariel
1 year ago
I think C, D, and F are the variable costs. The lecturers' fees and advertising costs can change based on the number of courses, and the course manager's salary is fixed.
CA
Carin
2 years ago
Haha, I bet the exam writer is trying to trick us with this one. But I'm pretty confident the answer is C, D, and F. Gotta love those variable costs!
ME
Mendy
1 year ago
It's important to understand the difference for financial analysis purposes.
DA
Daniel
1 year ago
Exactly, that's why they're considered variable costs in accounting.
AR
Art
1 year ago
Yeah, those costs change based on the level of activity, unlike fixed costs.
TA
Tawna
1 year ago
I think you're right, C, D, and F are definitely variable costs.
CR
Cristina
1 year ago
Good thing we know our accounting terms!
DU
Dulce
1 year ago
Exactly, that's what makes them variable costs.
NI
Nikita
1 year ago
Yeah, those costs change based on the level of activity in the company.
SU
Sunny
1 year ago
I think you're right, C, D, and F are definitely variable costs.
LI
Lindsey
2 years ago
Ah, I see. The correct answer must be C, D, and F. The other options like office rental and depreciation are clearly fixed costs.
JA
Jaime
1 year ago
Yes, I agree. Those are the costs that vary with the level of activity in the company.
ST
Stephaine
1 year ago
I think you're right. Lecturers' fees, advertising, and course manager's salary are all variable costs.
RO
Roosevelt
2 years ago
Hmm, I think C, D, and F are the variable costs here. The lecturers' fees and advertising costs vary based on the number of courses, while the course manager's salary is a fixed cost.
SH
Shannon
2 years ago
I'm not sure about F. Isn't the course manager's salary a fixed cost since it doesn't change based on the number of courses?
VI
Virgie
2 years ago
I agree with Ricki. A, D, and F are directly related to the level of activity in the company.
RI
Ricki
2 years ago
I think A, D, and F are variable costs because they change with the number of courses offered.