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Worldatwork Discussions
Exam c8 Topic 2 Question 49 Discussion
Worldatwork Exam c8 Topic 2 Question 49 Discussion
Actual exam question for Worldatwork's c8 exam
Question #: 49
Topic #: 2
[All c8 Questions]
Regarding fixed and variable costs, what are Finance's primary concerns?
A
Fixed costs must be kept to a minimum, but variable costs can fluctuate since they tend to correlate with revenue.
B
Variable costs often have a heavier focus than fixed costs, which applies to all areas, including compensation.
C
Fixed costs and variable costs are equally important and both should be kept to a minimum.
D
Fixed costs are not a concern because they cannot be changed, so the focus is primarily on variable costs.
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Suggested Answer:
C
by
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at
Mar 22, 2023, 01:27 AM
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Jerry
1 months ago
Option A makes the most sense. You can't ignore fixed costs, but variable costs are where you can really make an impact on the bottom line.
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Joana
7 days ago
I agree, variable costs are more flexible and can be adjusted to improve profitability.
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Keith
1 months ago
Haha, option C is like saying 'just minimize everything and call it a day!' That's not how finance works, my friend.
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Glory
13 days ago
User 2: I agree, but variable costs can fluctuate based on revenue.
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Carmela
18 days ago
User 1: I think option A makes sense, we need to keep fixed costs low.
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Salina
1 months ago
I'm going with option D. Fixed costs are largely out of our control, so we should concentrate on managing the variable costs.
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Linsey
2 days ago
I agree, variable costs are more flexible and can be adjusted to help improve our financial situation.
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Lindsey
3 days ago
Option D is a good choice. We can't really do much about fixed costs, so focusing on variable costs makes sense.
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Haydee
2 months ago
Option B seems more accurate to me. Variable costs are generally the primary focus, as they have a greater impact on profitability.
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Osvaldo
5 days ago
User 3: It's important to keep a close eye on those variable costs for sure.
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Dannie
11 days ago
User 2: Yes, they can really affect the bottom line more than fixed costs.
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Garry
16 days ago
User 1: I agree, variable costs are usually the main concern for Finance.
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Jacquelyne
2 months ago
I think option A is the correct answer. Fixed costs need to be carefully managed, but variable costs are more flexible and can fluctuate with revenue.
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Latricia
1 months ago
User 2: Yes, variable costs can be adjusted based on revenue.
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Regenia
2 months ago
User 1: I agree, fixed costs must be minimized.
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Louisa
2 months ago
I believe variable costs are just as important. They can fluctuate with revenue, so managing them effectively is crucial for financial success.
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Art
2 months ago
I agree with Vesta. Fixed costs can be more difficult to adjust, so it makes sense to focus on minimizing them.
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Vesta
2 months ago
I think Finance's primary concern is to keep fixed costs to a minimum.
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Jerry
1 months agoJoana
7 days agoKeith
1 months agoGlory
13 days agoCarmela
18 days agoSalina
1 months agoLinsey
2 days agoLindsey
3 days agoHaydee
2 months agoOsvaldo
5 days agoDannie
11 days agoGarry
16 days agoJacquelyne
2 months agoLatricia
1 months agoRegenia
2 months agoLouisa
2 months agoArt
2 months agoVesta
2 months ago