Asked by

hannah leaphart
on Nov 13, 2024

verifed

Verified

Which one of the following is a name for the range over which a company expects to operate?

A) Mixed range
B) Fixed range
C) Variable range
D) Relevant range

Relevant Range

The relevant range refers to the span of activity or volume within which the assumptions about cost behavior hold true.

Fixed Range

A predefined interval within which an operational value (such as inventory levels) is maintained.

  • Understand the concept of the relevant range in cost behavior.
verifed

Verified Answer

AQ
Areeba QureshiNov 17, 2024
Final Answer:
Get Full Answer