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Semi-variable expenses increases with the increase in the level of activity,

A. In the same proportion as the activity increases

B. Not in the same proportion as the activity increases

C. In inverse proportion of activity increase

D. None of the above

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