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QUESTION 7 7. An alternative to full costing for external purposes is variable costing. True O False QUESTION 8 8. If variable costing is used, an income statement can be prepared the classifies all the expenses in terms of their cost behavior, fixed or variable. True False QUESTION 9 9. The difference between variable costing income and full costing income is likely to be very small in companies that use JrT O True False QUESTION 10 10. When costs are unitized they are stated on a per unit basis. True False QUESTION 11 11. All accountants believe that managers should be held responsible for only the costs they can control True O False