Multiple Choice
Why is identification of a relevant range important?
A) It is required under GAAP.
B) Cost behavior outside of the relevant range is not linear which distorts CVP analysis.
C) It directly impacts the number of units of product a customer buys.
D) It is a cost that is incurred by a company that must be accounted for.
Correct Answer:
Verified
Correct Answer:
Verified
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