Which of the Following Statements Regarding Fixed Costs Is Incorrect

Multiple Choice

Which of the following statements regarding fixed costs is incorrect

A) Fixed costs expressed on a per unit basis will react inversely with changes in activity.
B) Expressing fixed costs on a per unit basis usually is the best approach for decision-making.
C) Assumptions by accountants regarding the behaviour of fixed costs rest heavily on the concept of the relevant range.
D) Fixed costs frequently represent long-term investments in property, plant, and equipment.