Using Cost-Volume-Profit Analysis, We Can Conclude That a 20 Per

question 53

Multiple Choice

Using cost-volume-profit analysis, we can conclude that a 20 per cent reduction in variable costs will

• A)reduce the break-even sales volume by 20 per cent.
• B)reduce total costs by 20 per cent.
• C)reduce the slope of the total cost line by 20 per cent.
• D)not affect the break-even sales volume if there is an offsetting 20 per cent increase in fixed costs.

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Definitions:

Code Noir

A set of laws first enacted in the French colonies in 1685, governing the treatment of slaves, with the aim of regulating the slave trade and the lives of black people in the French colonial empire.

Louisiana Slaves

Enslaved Africans and their descendants who lived and worked primarily in the state of Louisiana, experiencing a unique blend of French, Spanish, African, and American cultures.

French Immigrants

Individuals from France who move to another country, often seeking better opportunities or escaping political and social issues in their homeland.

North America

A continent entirely within the Northern Hemisphere and almost all within the Western Hemisphere; it includes countries like the United States, Canada, and Mexico.