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Question
A cost that remains constant over a limited range of volume, but increases by a lump sum when volume increases beyond a maximum amount, is a(n):
A. Step-wise cost.
B. Fixed cost.
C. Curvilinear cost.
D. Incremental cost.
E. Opportunity cost.
Answer
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Related questions
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What are the four steps in the effective management of variance analysis?
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Q:
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