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Which of the Following Best Describes a Fixed Cost

Question 10

Multiple Choice

Which of the following best describes a fixed cost?


A) It may change in total when such change is unrelated to changes in production volume.
B) It may change in total when such change is related to changes in production volume.
C) It is constant per unit of change in production volume.
D) It may change in total when such change depends on production volume within the relevant range.

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