CVP does not require that costs be accurately classified as fixed or variable. i. True ii. False. Give me answer ASAP

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter7: Inventories: Cost Measurement And Flow Assumptions
Section: Chapter Questions
Problem 24GI: List the acceptable cost flow assumptions under IFRS. Be sure to explain the reasoning as to why...
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CVP does not require that costs be accurately classified as fixed or variable. i. True ii. False. Give me answer ASAP

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