Which of the Following Do Limitations of Cost Volume Profit

question 1

Multiple Choice

Which of the following do limitations of cost volume profit include?
i. Not all costs can be classified as fixed or variable.
ii. Revenue changes may not be linear.
iii. Sales volume is the only cost driver.
iv. Inventory levels do not change.

• A) i and ii
• B) i and iii
• C) i, ii and ii
• D) All of the given answers

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