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    Business
  3. Study Set
    Managerial Accounting Study Set 21
  4. Exam
    Exam 4: Techniques for Estimating Fixed and Variable Costs
  5. Question
    The Major Disadvantage of the Account Classification Method Is That
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The Major Disadvantage of the Account Classification Method Is That

Question 21

Question 21

True/False

The major disadvantage of the account classification method is that it uses few observations of aggregate cost data to estimate total fixed and variable costs.

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