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    Business
  3. Study Set
    Managerial Accounting
  4. Exam
    Exam 5: Cost Behavior
  5. Question
    A Step Cost
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A Step Cost

Question 76

Question 76

Multiple Choice

A step cost:


A) is a fixed cost over the relevant range and a variable cost everywhere else.
B) contains both fixed and variable components.
C) increases in direct proportion to changes in activity.
D) is fixed over some range of activity.

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