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Which of the following statements is false with respect to cost behavior? Fixed costs, calculated on a per unit basis, are inversely related to the
Which of the following statements is false with respect to cost behavior? Fixed costs, calculated on a per unit basis, are inversely related to the change in activity level. Cost behavior relates to the categorization of costs as fixed, variable, or mixed. Knowledge of cost behavior is not required when preparing a traditional income statement. Variable costs do not change in total as activity levels change. Mixed costs include a fixed and variable portion of the cost
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