Which of the following statements is true when referring to fixed costs? ...
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Accounting
Which of the following statements is true when referring to fixed costs?
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Fixed costs increase in total throughout the relevant range.
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As volume increases, unit fixed cost and total fixed cost will change.
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Discretionary fixed costs can often be reduced to zero for short periods of time without seriously impairing the long-run goals of the company.
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Committed fixed costs arise from the annual decisions by management.
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