Which of the Following Is NOT an Assumption of Cost-Volume-Profit

question 60

Multiple Choice

Which of the following is NOT an assumption of cost-volume-profit (CVP) analysis?

• A) The only factor that affects total costs is a change in volume, which increases or decreases total variable and mixed costs.
• B) The price per unit does not change as volume changes.
• C) Total fixed costs do not change.
• D) The price per unit changes as volume changes.

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Definitions:

Robert Sternberg

A psychologist known for his theory on the triarchic theory of intelligence, which describes three distinct types of intelligence: analytical, creative, and practical.

Means-End Analysis

A problem-solving strategy that involves identifying the goal, determining the obstacles in the way, and taking steps to overcome them.

Overextension

In language acquisition, overextension is when a child applies a word too broadly, beyond its typical use, reflecting the developmental stage of understanding categories.

Overregularization

A linguistic phenomenon observed in language learning children where they apply grammatical rules too widely, leading to errors.