The high-low method is used to ________
A) determine the highest price that can be charged for a product
B) separate mixed costs into their variable and fixed components
C) identify the relevant and irrelevant costs of a business
D) determine the sales level at highest capacity
B
Business
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What is a mutual fund?
(A) A company that collects money from people to insure their families against their loss of income. (B) A group that makes loans to investors who sometimes have a history of not paying back their loans. (C) A device for pooling the savings of many investors and investing it in a variety of ways. (D) A group that borrows money from many different sources to lend to its members.
Business
If property taxes are paid in one lump sum, they are due the last day of February.
a. true b. false
Business