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Which of the following is an underlying assumption of cost-volume-profit analysis? a.Total sales and total costs cannot be represented by straight lines. b.The inventory quantities

Which of the following is an underlying assumption of cost-volume-profit analysis?

a.Total sales and total costs cannot be represented by straight lines.

b.The inventory quantities change twice during the relevant period.

c.Within the relevant range of operating activity, the efficiency of operations does not change.

d.The sales mix is variable.

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