Which of the following statements is TRUE regarding short-term operating decisions? They assume that capacity is fixed. They can be easily solved using one model that fits all environments They can be planned for during the company's normal short and long-term planning process O They rarely occur in practice Question 2 1 pts The study of how costs, revenues, and profits change in response to changes in the volume of goods or services provided to customers is known as: CVP analysis O sensitivity analysis O short-term operating decision making breakeven point Question 3 1 pts Which of the following is correct? 0 CM-Sales Price less Variable Cost CM-Fixed Cost plus Variable Cost CM = Sales Price less Fixed Cost CM-Fixed Cost less Variable Cost