Question: Are the following statements true or false? a. COGS is made only of variable costs. b. SGA is made only of fixed costs. c. A

Are the following statements true or false?

a. COGS is made only of variable costs.

b. SGA is made only of fixed costs.

c. A firm fixed costs appear only above EBITDA in the income statement.

d. The percentage of fixed costs usually increases with operations automation.

e. The very same cost may be fixed or variable, depending on the decision under consideration.

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