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Cost-volume-profit analysis is a predictive tool for determining the profit consequences of future cost changes, price changes, and volume of activity changes. true or false

Cost-volume-profit analysis is a predictive tool for determining the profit consequences of future cost changes, price changes, and volume of activity changes.

true or false

Total variable costs change in proportion to changes in volume of activity. true or false

total fixed costs change in proportion to changes in volume of activity. true or false

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