Which of the Following Statements in Accounting for Changes in Fixed

question 11

Multiple Choice

Which of the following statements in accounting for changes in fixed assets is NOT true?

• A) When a firm is not operating at full capacity, sales may be increased without adding any new fixed assets.
• B) Since it requires time to get new assets operational, they are added in small discrete quantities.
• C) Fixed assets are added in large discrete units called lumpy assets.
• D) All of these

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