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42. Past relationships between cost and activity may not be a useful basis for estimating future costs A. if the cost is a variable cost.
42. Past relationships between cost and activity may not be a useful basis for estimating future costs
A. if the cost is a variable cost.
B. if the cost is a fixed cost.
C. if the cost is a mixed cost.
D. if future activity levels are expected to be beyond the relevant range.
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