Which of the Following Statements Is True

question 27

Multiple Choice

Which of the following statements is true?

• A)In real life, the curvilinear nature of variable costs is questionable.
• B)In real life, fixed costs are fixed in total and do not change at various activity levels.
• C)Within the relevant range, there is rarely a straight-line relationship for both variable and fixed costs.
• D)Within the relevant range the linear assumption is valid and useful for cost behaviour analysis.

---

Definitions:

Cultural Sensitivity

Awareness and understanding of the cultural differences and similarities within and between groups.

Cyberspace

A digital environment where communication over computer networks occurs.

Employee Benefits

Compensation provided to employees beyond wages, including health insurance, retirement plans, and paid time off.