Vidyalelo
Commerce · Q497

Costing

Graduate and Post Graduate · Commerce · question 497

Q497

Chances of cost to be considered as variable are more, if the

A.
time horizons are long
Answer
B.
time horizons are short
C.
time horizons are irrelevant
D.
time horizons are relevant

Answer: Option A

Solution

Answer: Option A
Solution:
Chances of cost to be considered as variable are more, if the time horizons are long. Time horizon is the length of time over which an investment is made or held before it is liquidated.