Total variable costs increase when the cost-driver level increases in the relevant range

The problem with the constant dividend payout ratio is

A) management cannot decrease the dividend when times are tough. B) management is reluctant to cut the dividend even if there are low profits that year. C) the dollar amount of the dividend fluctuates from year to year. D) investors may come to expect a specified amount.

Standard deviation is the practice of combining assets or investments in order to reduce risk

Indicate whether the statement is true or false