Which of the Following Is FALSE

question 5

Multiple Choice

Which of the following is FALSE?

• A) A scientific theory is an undisputed fact.
• B) If continual testing of a hypothesis shows it to be valid,it may become an accepted theory.
• C) A hypothesis must always have one or more testable predictions.
• D) A scientific theory may eventually be proven wrong when scientists acquire new data.

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Definitions:

Fixed and Variable Costs

Costs that remain constant regardless of the level of production or business activity (fixed) and costs that vary in direct proportion to changes in activity (variable).

Cost-volume-profit Analysis

A financial approach that identifies how variations in expenses and production volume impact a business's operating profit and total earnings.

Selling Prices

The amount of money charged to a customer for a product or service, often influenced by cost, demand, and market competition.

Break-even Point

The point at which total revenue equals total costs and expenses, meaning the business makes neither a profit nor a loss.