Question 3 The following assumptions are made in case of break even analysis, except All fixed costs are fixed b. All variable costs are fixed The prices of input factors are constant Volume of production and volumes of sales are equal a b The prices of input factors are constant Volume of production and volumes of sales are equal All variable costs are foxed All foxed costs are fixed Od Question 4 Which of the following statements is incorrect? The practice of management accounting is fairly flexible. The information gathered from management accounting is not required by law. Management accounting focuses mainly on the internal user. Reporta produced using management accounting must follow tras. c. D. b O@c The practice of management accounting is fairly flexible Management accounting focuses mainly on the internal user. The information gathered from management accounting is not required by law. Reports produced using management accounting must follow IFRS C d Questions TOS