PLEASE ANSWER VERY IMPORTANT

1. When the amounts of revenues change over time, the percent (%) of Fixed Cost over the revenues also changes. True or False?

2. When the amount of revenues change, the amount of a fixed cost also change. True or False?

3. When the revenues amount grows over time, the percent (%) of a fixed cost of the revenues also grows higher. True or False?

4. Revenues amount growth over time will cause the dollar amount of a variable cost also to increase from one accounting period to another. True or False?

5. When the amount of revenues grow over time, the percent (%) of a variable cost of its revenues remains the same. True or False?

6. The fluctuation of revenues amounts over time will cause the dollar amount of a variable cost also to fluctuate. True or False?

7. If a company has only fixed costs in its operating activities, its profit will only grow when the revenues amount grow over time.. True or False?