With Regard to the CVP Graph,which of the Following Statements

question 36

Multiple Choice

With regard to the CVP graph,which of the following statements is not correct?

• A)The CVP graph assumes that volume is the only factor affecting total cost.
• B)The CVP graph assumes that selling prices do not change.
• C)The CVP graph assumes that variable costs go down as volume goes up.
• D)The CVP graph assumes that fixed expenses are constant in total within the relevant range.

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Definitions:

Distinctiveness

The quality of being clearly different or unique, in comparison to other things or people.

Personality

An assortment of characteristics that shapes an individual's unique character.

Experiences

Pertains to events or occurrences personally encountered or undergone by an individual.

Sigmund Freud

He was an Austrian neuroscience expert who originated psychoanalysis, a cure for mental ailments involving dialogue between a psychoanalyst and their patient.