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22 Within the relevant range, variable costs can be expected to: ut of question Select one: a. vary in total in direct proportion to changes

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22 Within the relevant range, variable costs can be expected to: ut of question Select one: a. vary in total in direct proportion to changes in the activity level b. increase on a per unit basis as the activity level increases c. increase on a per unit basis as the activity level decreases d. remain constant in total as the activity level changes n 23 Bank and investors are primary users of the management accounting ed Select one: O True out of False n 24 The definition of the cost is the collection of cost data in some organized way by means of an accounting system. ed Select one: out of True g question False

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