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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?

  • Fixed costs increase in total throughout the relevant range.

  • As volume increases, unit fixed cost and total fixed cost will change.

  • Discretionary fixed costs can often be reduced to zero for short periods of time without seriously impairing the long-run goals of the company.

  • Committed fixed costs arise from the annual decisions by management.

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