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    Managerial Accounting Study Set 17
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    Exam 1: Introduction to Managerial Accounting
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    Out-Of-Pocket Costs Involve an Actual Outlay of Cash
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Out-Of-Pocket Costs Involve an Actual Outlay of Cash

Question 24

Question 24

True/False

Out-of-pocket costs involve an actual outlay of cash.Out-of-pocket costs are those paid for items purchased,and involve an actual outlay of cash.

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