Multiple Choice
Which of the following statements is most correct about step-variable costs
A) The step-variable costs vary in direct proportion to changes in the level of activity.
B) The step-variable costs remain constant through the same relevant range of activity as related fixed costs.
C) The step-variable costs are excluded from consideration in budgeting.
D) Between certain levels of activity, the step-variable costs have the same behaviour as fixed costs.
Correct Answer:
Verified
Correct Answer:
Verified
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