Question: 1.Fixed Expenses do not change in total when there is a modest change in sales. TRUE FALSE 2.An example of a fixed expense would be

1.Fixed Expenses do not change in total when there is a modest change in sales. TRUE FALSE

2.An example of a fixed expense would be a 5% sales commission. TRUE FALSE

3.Property taxes and rent are often fixed expenses. TRUE FALSE

4.Variable expenses change in total as volume changes. TRUE FALSE

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