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    Cornerstones of Cost Management Study Set 3
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    Exam 7: Allocating Costs of Support Departments and Joint Products
  5. Question
    A Common Cost Occurs
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A Common Cost Occurs

Question 17

Question 17

Multiple Choice

A common cost occurs


A) when only one product or service is benefited.
B) when different resources are used to produce one output.
C) when the same resource is used in the output of two or more outputs.
D) when a resource is used by two or more companies.

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