Activities that are outside of the relevant range

Assignment Help Financial Accounting

Reference no: EM131247878

1. The income statement that classifies costs by their behavior is called the:

A. functional income statement B. cash-basis income statement C. contribution income statementss D. single-step income statement

2. Activities that are outside of the relevant range:

A. only affect fixed costs in a business setting

B. only impact variable costs in a business setting

C. can still affect costs in a business setting

D. do not affect costs in a business setting.

Reference no: EM131247878

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