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Which is true about fixed costs

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Reference no: EM132686585

HOSPITALITY ACCOUNTING

Problem 1: Which is true about fixed costs?

Option 1: Department management can control fixed costs

Option 2: Once they are negotiated, fixed costs remain the same for a period of time

Option 3: Fixed costs change as sales volume changes

Option 4: Fixed costs can have both a fixed a variable component

Reference no: EM132686585

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