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    Managerial Accounting Study Set 23
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    Exam 1: Managerial Accounting and Cost Concepts
  5. Question
    A Step-Variable Cost Is a Cost That Is Obtained in Large
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A Step-Variable Cost Is a Cost That Is Obtained in Large

Question 54

Question 54

True/False

A step-variable cost is a cost that is obtained in large chunks and that increases or decreases only in response to fairly wide changes in activity.

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