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Accountants use only a) variable. b) implicit. c) opportunity. d) explicit. costs in their computations of cost.

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter2: Basic Managerial Accounting Concepts

Section: Chapter Questions

Problem 4DQ: What is a direct cost? An indirect cost? Can the same cost be direct for one purpose and indirect...

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Question

Accountants use only
a) variable.
b) implicit.
c) opportunity.
d) explicit.
costs in their computations of cost.

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