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"A committed fixed cost has a long future planning horizon- more than on year.

A discretionary fixed cost has a short future planning horizon-under a year."

Source: http://www.drtaccounting.com/2008/08/discretionary-fixed-cost-committed.html

Another source: Just got the answer correct for my Accounting quiz!

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Q: Does committed fixed cost have a short term planning horizon usually one year?
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Does committed fixed costs have a short term planning horizon-usually one year?

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