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Semi-variable cost will not be zero, even if production is nil.

A. True

B. False

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Answer: Option A

Explanation:
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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