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Chapter Review: True or False Quiz
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This online quiz contains 5 questions. Click on the button next to the selection that best answers the question. To review your results, click on the Submit Answers button displayed after the last question. Good luck!

1
An example of a fixed cost is materials.
A)TRUE
B)FALSE
2
Variable costs can be either linear or non-linear.
A)TRUE
B)FALSE
3
In linear breakeven analysis, production above the breakeven point favors the alternative with the lower variable cost.
A)TRUE
B)FALSE
4
The quantity of a variable at which revenues and costs are equal is known as the maximum cost point.
A)TRUE
B)FALSE
5
One thing in common between breakeven evaluation and payback period evaluation is that both find a quantity of a parameter that balances a relation based on PW, AW, or ROR equivalence.
A)TRUE
B)FALSE







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