The reliability of cost-volume-profit analysis does NOT depend on the assumption that costs can be accurately divided into fixed and variable components

Indicate whether the statement is true or false


False

Business

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Which of the following occurs when price is inelastic?

A) Price and revenue change in the same direction. B) Revenues decrease when price increases. C) Revenue is unaffected by price changes. D) Quantity demanded increases when price increases. E) The demand curve is more horizontal.

Business

Elinor sells Cathy a horse for $2,000 . When Elinor goes to the bank to deposit Cathy's check, the check bounces. Elinor is furious and files suit against Cathy. Elinor probably filed her suit in

a. a small claims court. b. a domestic relations court. c. a municipal court. d. a probate court.

Business

When one party breaches a sales contract, the UCC places the risk of loss on the party responsible for the breach

Indicate whether the statement is true or false

Business

Which of the following is not a techniques for choosing strategic projects?

A. Categorize projects. B. Perform a financial analysis. C. Focus on organizational goals. D. Develop a project plan.

Business