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An important assumption of cost-volume-profit analysis is that a.both costs and revenues are linear functions. b.all cost and revenue relationships are analyzed within the relevant
An important assumption of cost-volume-profit analysis is that
a.both costs and revenues are linear functions.
b.all cost and revenue relationships are analyzed within the relevant range.
c.there is no change in inventories.
d.the sales mix remains constant.
e.all of these are assumptions of cost-volume-profit analysis.
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