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14. True or False: (2 points) Cost of Goods Sold is a variable cost. ( ) Advertising campaigns, employee training, research & development are known

14. True or False: (2 points) Cost of Goods Sold is a variable cost. ( ) Advertising campaigns, employee training, research & development are known as variable costs. ( ) A business cellphone expense is a typical example of mixed cost. ( ) Sales commissions are fixed costs. ( )

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