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Question 12 Which of the following statement is INCORRECT about the foundational assumption used in CVP analysis. (A) The time value of money is

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Question 12 Which of the following statement is INCORRECT about the foundational assumption used in CVP analysis. (A) The time value of money is ignored. B Behavior of revenue and costs can be graphed as a straight line. Only selling price and variable cost per unit are known and constant. Relative sales proportions of multiple products are known and constant.

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