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A Cost Is Considered Controllable at a Given Level of Managerial

Question 97

Multiple Choice

A cost is considered controllable at a given level of managerial responsibility if


A) the manager has the power to incur the cost within a given time period.
B) the cost has not exceeded the budget amount in the master budget.
C) it is a variable cost but it is uncontrollable if it is a fixed cost.
D) it changes in magnitude in a flexible budget.

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