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    Managerial Accounting Study Set 23
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    Exam 1: Managerial Accounting and Cost Concepts
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    In Account Analysis, an Account Is Classified as Either Variable
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In Account Analysis, an Account Is Classified as Either Variable

Question 206

Question 206

True/False

In account analysis, an account is classified as either variable or fixed based on an analyst's prior knowledge of how the cost in the account behaves.

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