Question

In: Finance

True or False ? 1-revenues can be defined as a resources use associated with providing or...

True or False ?

1-revenues can be defined as a resources use associated with providing or supporting a specific service.

2-fixed costs are costs that directly related to the volume of services supplied.

Solutions

Expert Solution

1. TRUE

2. FLASE

A fixed cost is a cost that does not change with an increase or decrease in the amount of goods or services produced or sold


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