Example of fixed cost

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1. Which one of the following is not normally considered to be a liquid asset?

a. Short-term note receivable

b. Cash

c. Inventory

d. Accounts receivable

2. Which of the following is an example of a fixed cost?

a. The expenditure for disposable medical supplies

b. The amount spent on food supplies by the dietary department

c. The postage for resident billing

d. The salary of the director of nursing

Reference no: EM131616043

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