CIPS Contract Administration L3M3 Question # 8 Topic 1 Discussion

CIPS Contract Administration L3M3 Question # 8 Topic 1 Discussion

L3M3 Exam Topic 1 Question 8 Discussion:
Question #: 8
Topic #: 1

What is the name given to costs which do not vary as activity levels in a business increase or de-crease?


A.

Variable costs


B.

Indirect costs


C.

Direct costs


D.

Fixed costs


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