Fixed costs that are the result of previous management decisions that current managers have no control over in the short run are called ________ fixed costs.

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Answer:

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Explanation:

A fixed fixed cost arises, out of necessity, when it has a basic organizational structure, that is, property, plant and equipment, salaried personnel and others. It is a long-term phenomenon that generally cannot be adjusted downwards without adversely affecting the organization's ability to operate, even at a minimum level of productive capacity.