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Fixed expenses decrease per unit with the increases in production and increases per unit with the decrease in production.

A. True

B. False

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Answer: Option A

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Related Questions on Management Accounting Test Questions

Time value of money indicates that

A. A unit of money obtained today is worth more than a unit of money obtained in future

B. A unit of money obtained today is worth less than a unit of money obtained in future

C. There is no difference in the value of money obtained today and tomorrow

D. None of the above