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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What are controllable costs?
💡 Hint: Consider what expenses can be adjusted in a business.
Question 2
Easy
Name one example of an uncontrollable cost.
💡 Hint: Think of costs that come from regulations or laws.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What are controllable costs?
- Costs that can change based on management decisions
- Costs that cannot be changed at all
- Both A and B
💡 Hint: Remember who has the power to affect these costs.
Question 2
True or False: Uncontrollable costs can be adjusted at management's discretion.
- True
- False
💡 Hint: Think about what 'uncontrollable' means.
Solve and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
You are a project manager facing higher than expected lease costs. How do you approach managing the budget considering increased uncontrollable costs?
💡 Hint: Identify flexible elements in your budget.
Question 2
A company has a fixed marketing budget but is faced with a new regulatory fee that is uncontrollable. Suggest a strategy to mitigate its impact.
💡 Hint: Think about how to maintain marketing effectiveness with limited resources.
Challenge and get performance evaluation