Question: Please write if it's true or false with explanation 1- The shorter the time horizon, the lower the percentage of total costs considered fixed. 2-

Please write if it's true or false with explanation

1- The shorter the time horizon, the lower the percentage of total costs considered fixed.

2- All other things being equal, the longer the time horizon the more likely a cost will be fixed.

3- Long-run planning and short-run planning are best performed independently of each other.

4-A favorable variance should be ignored by management.

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