Which of the following assumptions of the CVP graph is not true? Multiple Choice Costs are linear. Total fixed expenses are constant within the relevant range. Variable costs go down as volume goes up. The selling prices do not change. Volume is the only factor affecting total cost.

Fundamentals Of Financial Management, Concise Edition (mindtap Course List)
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Chapter13: Capital Structure And Leverage
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Which of the following assumptions of the CVP graph is not true?
Multiple Choice
Costs are linear.
Total fixed expenses are constant within the relevant range.
Variable costs go down as volume goes up.
The selling prices do not change.
Volume is the only factor affecting total cost.
Transcribed Image Text:Which of the following assumptions of the CVP graph is not true? Multiple Choice Costs are linear. Total fixed expenses are constant within the relevant range. Variable costs go down as volume goes up. The selling prices do not change. Volume is the only factor affecting total cost.
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