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ing Enabled: Midterm 2 The linearity assumption is: Multiple Choice the assumption that the...

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Accounting

ing Enabled: Midterm 2
The linearity assumption is:
Multiple Choice
the assumption that the relationship between total cost and activity can be appoximated by a straight line.
realistic in all costing situations.
the assumption that the relationship between fixed costs and variable costs can be approximated by a straight line.
the assumption that total cost depends on activity level.
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