Chapter Review: True or False Quiz

This online quiz contains 5 questions. Click on the button next to the selection that best answers the question. To review your results, click on the Submit Answers button displayed after the last question. Good luck!

1		An example of a fixed cost is materials.
			A)	TRUE
			B)	FALSE
2		Variable costs can be either linear or non-linear.
			A)	TRUE
			B)	FALSE
3		In linear breakeven analysis, production above the breakeven point favors the alternative with the lower variable cost.
			A)	TRUE
			B)	FALSE
4		The quantity of a variable at which revenues and costs are equal is known as the maximum cost point.
			A)	TRUE
			B)	FALSE
5		One thing in common between breakeven evaluation and payback period evaluation is that both find a quantity of a parameter that balances a relation based on PW, AW, or ROR equivalence.
			A)	TRUE
			B)	FALSE