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The linearity assumption is: a) the assumption that total cost depends on activity level. b)realistic in all costing situations. c) the assumption that the relationship
The linearity assumption is:
a) the assumption that total cost depends on activity level.
b)realistic in all costing situations.
c) the assumption that the relationship between fixed costs and variable costs can be approximated by a curved line.
d) the assumption that the relationship between fixed costs and variable costs can be approximated by a straight line.
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