stion Completion Status: QUESTION 2 Activity-based costing systems conform to Generally Accepted Accounting Principles and can therefore be used for both internal and external reporting. True False QUESTION 3 Which of the following strategies could be used to reduce the break-even point? 1. INCREASE Fixed Expenses and INCREASE Contribution Margin 2. INCREASE Fixed Expenses and DECREASE Contribution Margin 3. DECREASE Fixed Expenses and DECREASE Contribution Margin 4. DECREASE Fixed Expenses and INCREASE Contribution Margin