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( Chapters 4 - 6 ) Saved The linearity assumption is: Multiple Choice the assumption that the relationship between fixed costs and variable costs can

(Chapters 4-6)
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The linearity assumption is:
Multiple Choice
the assumption that the relationship between fixed costs and variable costs can be approximated by a straight line.
the assumption that the relationship between total cost and activity can be approximated by a straight line.
the assumption that total cost depends on activity level.
realistic in all costing situations.
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