A Level Accounting (9706)•9706/11/O/N/20

Explanation
Key Assumptions in CVP Analysis
Steps:
- Identify core CVP assumptions: costs are fixed or variable, selling price and variable costs per unit are constant, production equals sales, and efficiency doesn't change.
- Match statements to assumptions without the listed statements 1-4 provided.
- Note that B (1 and 4) is stated as correct, but verification requires full details.
- Conclude based on standard principles since specifics are absent.
Not enough information to fully explain without statements 1-4.
Final answer: B
Topic: Costs and cost behaviour
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