The relevant range is that range of activity:
A) where a company achieves its maximum efficiency.
B) where units produced equal units sold.
C) where management expects the firm to operate.
D) where the firm will earn a profit.
E) where expected results are abnormally high.

Question

Quizplus · Accepted Answer

The relevant range refers to the level of activity within which the assumptions about fixed and variable costs for a company hold true, and it is where management expects the firm to operate. This range is important for budgeting, planning, and decision-making processes.

The Relevant Range Is That Range of Activity