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  3. Study Set
    Managerial Accounting Study Set 21
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    Exam 3: Cost Flows and Cost Terminology
  5. Question
    Period Costs Are Added to Gross Margin to Arrive at Profit
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Period Costs Are Added to Gross Margin to Arrive at Profit

Question 20

Question 20

True/False

Period costs are added to gross margin to arrive at profit before taxes.

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