Answer:
The correct option is;
Remain constant in total regardless of changes in activity
Explanation:
In the field of Economics, fixed costs are costs that remain the same or does not undergo change when the quantity of produced goods or rendered service increases or decreases. Fixed cost are not dependent on the fluctuations in the level of produced goods and/or service.
Fixed cost are cost that are charged based on the duration of use of the facility, such as the rent paid for the factory premises.
Therefore, we have; within the relevant range, fixed costs remain constant in total regardless of changes in activity
Williams Company installed smoke detectors, a sprinkler system, and fire extinguishers in its new manufacturing facility. These devices are all examples of
Answer: A) loss control.
Explanation:
Loss Control refers to any method used by a company to not only prevent loss by early detection of hazards that may lead to them but also to minimise losses if the hazard could not be stopped.
A smoke detector would for instance warn if a fire is detected so that it can be stopped and the sprinklers and fire extinguishers can be used to put out the fire once it does start.