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

question 4

Multiple Choice

Which of the following is not an assumption of cost-volume-profit analysis?

• A) Costs can be classified into variable and fixed categories.
• B) The time value of money is incorporated into the analysis.
• C) The sales mix will remain constant.
• D) The behaviour of income and expenses is regarded as linear over the relevant range.

---

Definitions:

Shelter

A structure or place providing protection from weather, danger, or discomfort; it can also refer to organizations offering refuge to the homeless or abused.

Emancipated Minor

A person under the age of majority who is granted most adult rights through a legal process, including the ability to enter contracts and make healthcare decisions.

Legal Definition

A precise and formal explanation of a legal term or concept.

Seriously Disabled

Refers to individuals who have significant physical or mental impairments that substantially limit one or more of their major life activities.