20.3.4 - Controllable and Uncontrollable Costs
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Practice Questions
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What are controllable costs?
💡 Hint: Consider what expenses can be adjusted in a business.
Name one example of an uncontrollable cost.
💡 Hint: Think of costs that come from regulations or laws.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What are controllable costs?
💡 Hint: Remember who has the power to affect these costs.
True or False: Uncontrollable costs can be adjusted at management's discretion.
💡 Hint: Think about what 'uncontrollable' means.
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Challenge Problems
Push your limits with advanced challenges
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.
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.
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