For multiple-choice and true/false questions, simply press or click on what you think is the correct answer. For fill-in-the-blank questions, press or click on the blank space provided.
If you have difficulty answering the following questions, learn more about this topic by reading our Improving Profits (Explanation).
In Total Even When Volume Triples
In Total Within A Reasonable Change In Volume
On A Per Unit Basis As Volume Changes
In Total As Volume Changes
On A Per Unit Basis As Volume Changes
True
False
True
False
True
False
True
False
True
False
True
False
True
False
True
False
Future Costs That Differ
Future Costs That Do Not Differ
Historical Costs
Fixed
Variable
Mixed
Fixed
Variable
Mixed
Fixed
Variable
Mixed
Fixed
Variable
Mixed
Fixed
Variable
Mixed
Fixed
Variable
Mixed
Want more practice questions?
Receive instant access to our graded Quick
Tests (more than 1,800 unique test questions) when you join
AccountingCoach PRO.
Featured Review
"I was interested in getting my finances under control. I was advised to track my expenses but I had no background in accounting. I wanted to do proper record keeping and not just of expenses, but my wealth. I came across many tutorials online. The most comprehensive tutorials were those of AccountingCoach. After being able to quickly learn, I decided to go PRO to have access to additional learning tools. I love the quizzes, they help me determine if I truly understand the material. After 1 year, I know enough about accounting to manage my finances and grow my wealth. Going PRO is one of the best investments I've made. Thank you AccountingCoach!" - Alex L.
Join PRO or PRO Plus and Get Lifetime Access to Our Premium Materials
Read all 2,645 reviewsWe now offer 10 Certificates of Achievement for Introductory Accounting and Bookkeeping: