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Which of the following is not an assumption of CVP: Multiple Choice A straight line can be used to approximate the relationship between total
Which of the following is not an assumption of CVP: Multiple Choice A straight line can be used to approximate the relationship between total costs and sales. All costs can be classified as either variable or fixed. Costs must be mixed. Production and sales are equal. Only sales volume affects total costs and revenue.
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Financial and Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
13th edition
1285866304, 978-1285866307
