0.The cost structure of a firm consists of Sales, Variable cost and Fixed cost

True

False

12. Inflation poses no risk in capital budgeting.

True

False

13. The Margin of Safety should be as Low as possible.

TRUE

False

14. A Merchandizing company will not have a Production Budget.

True

False

15. Breaking costs into fixed and variable has no relevance because all costs are the same as they both reduce profit.

a. True

b. False