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Exam IIA-CIA-Part3 topic 1 question 114 discussion

Actual exam question from IIA's IIA-CIA-Part3

Question #: 114
Topic #: 1

[All IIA-CIA-Part3 Questions]

An organization accumulated the following data for the prior fiscal year:

Value of -

Percentage of -

Quarter -

Output Produced -

Cost X -
$4,750,000
2.9
$4,700,000
3.0
$4,350,000
3.2
$4,000,000
3.5
Based on this data, which of the following describes the value of Cost X in relation to the value of Output Produced?

A. Cost X is a variable cost.
B. Cost X is a fixed cost.
C. Cost X is a semi-fixed cost.
D. Cost X and the value of Output Produced are unrelated.

Show Suggested Answer

Suggested Answer: B 🗳️

by Wakie at Sept. 10, 2019, 8:08 p.m.

Comments

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Wakie

Highly Voted 5 years, 2 months ago

i don't understand what this question is asking based on the data?

upvoted 11 times

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Shars

Highly Voted 4 years, 1 month ago

I also do not understand the question. Can someone please explain...

upvoted 6 times

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34205ac

Most Recent 3 weeks, 1 day ago

The question is not consistent with the answers

upvoted 1 times

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Steve8Taiwan

3 years ago

Can not understand this question.

upvoted 1 times

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Barmechan

3 years, 1 month ago

I also agree with all of you

upvoted 1 times

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Talz

3 years, 7 months ago

Agreed, I also don't understand what is being asked here, or the context.

upvoted 1 times

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Roopz

4 years, 5 months ago

I agree with Wakie

upvoted 5 times

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