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    Managerial Accounting Study Set 11
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    Exam 1: Managerial Accounting and Cost Concepts
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    The Term "Relevant Range" Means the Range of Activity Over
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The Term "Relevant Range" Means the Range of Activity Over

Question 61

Question 61

Multiple Choice

The term "relevant range" means the range of activity over which:


A) relevant costs are incurred.
B) costs may fluctuate.
C) production may vary.
D) the assumptions about fixed and variable cost behavior are reasonably valid.

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