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    Cost Accounting
  4. Exam
    Exam 11: Decision Making and Relevant Information
  5. Question
    Which of the Following Is True of Historical Costs
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Which of the Following Is True of Historical Costs

Question 11

Question 11

Multiple Choice

Which of the following is true of historical costs?


A) They are useful for making future predictions.
B) They are relevant for decision making.
C) They are always accounted as opportunity costs.
D) They cannot be fixed costs.

Correct Answer:

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