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Detecting Accounting Fraud 1st Edition by Cecil Jackson
Edition 1ISBN: 978-0133078602Detecting Accounting Fraud 1st Edition by Cecil Jackson
Edition 1ISBN: 978-0133078602 Exercise 23
When revenue decreases, one would expect fixed costs to: (a) Remain constant as a percentage of sales.
(b) Increase as a percentage of sales.
(c) Decrease as a percentage of sales.
(d) None of the above.
(b) Increase as a percentage of sales.
(c) Decrease as a percentage of sales.
(d) None of the above.
Explanation
Verified
Verified
Fixed cost remains stable in general, bu...
Detecting Accounting Fraud 1st Edition by Cecil Jackson
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