Solved

The Linearity Assumption Is

Question 62

Multiple Choice

The linearity assumption is:


A) the assumption that the relationship between fixed costs and variable costs can be approximated by a straight line.
B) the assumption that the relationship between fixed costs and variable costs can be approximated by a curved line.
C) realistic in all costing situations.
D) the assumption that total cost depends on activity level.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions