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QUESTION 14 Which of the following statements about the fixed costs are false ? If a firm's activity expands beyond its relevant range,fixed costs must
QUESTION 14
- Which of the following statements about the fixed costs arefalse?
- If a firm's activity expands beyond its relevant range,fixed costs must be reevaluated.
- Total fixed costs change with changes in volume of activity.
- Examples of fixed costs include factory building insurance and wages for hourly workers.
- Per unit fixed costs change with changes in activity.
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Accounting
Authors: Peter J Eisen
6th Edition
143800138X, 978-1438001388
