Statement referring to fixed costs

Reference no: EM13146271

Which of the following statements is true when referring to fixed costs?

a) Committed fixed costs arise from the annual decisions by management.

b) As volume increases, unit fixed cost and total fixed cost will change.

c) Fixed costs increase in total throughout the relevant range.

d) Discretionary fixed costs can often be significantly reduced for short periods of time without seriously impairing the long-run goals of the company.

Reference no: EM13146271

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