The amount and trend of each operating expense should be evaluated as well as its relationship to the volume of activity that is relevant to the expense.

Name: The amount and trend of each operating expense should be evaluated as well as its relationship to the volume of activity that is relevant to the expense.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Evaluating the amount and trend of operating expenses and their relationship to relevant volume of activity helps in identifying cost behavior and controlling expenses.

The Amount and Trend of Each Operating Expense Should Be