Which of the following statements is false with respect to committed fixed costs? Multiple Choice They represent organizational investments with a multlyear planning horizon. They should not be reduced for short periods of time because the costs of restoring them later would most likely exceed any cost savings realized in the short term. They usually arise from annual decisions by management to spend on certain fixed cost items. O They remain constant, in total, regardless of changes in the level of activity within the relevant range. Prev 1 of 21 !!! Next > Which of the following statements is true with respect to discretionary fixed costs? Multiple Choice They represent organizational Investments with a multlyear planning horizon. They should not be cut for short periods of time because it causes extensive damage to the long-term welfare of the organization They usually arise from annual decisions by management to spend on certain fixed cost items. They fluctuate, in total, as the level of activity moves up and down within the relevant range.