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Variable Costing of Inventory and Absorption Costing of Inventory Is

Question 16

Multiple Choice

Variable costing of inventory and absorption costing of inventory is relevant for which of the following types of businesses:


A) Manufacturing firms.
B) Not-for-profit companies.
C) Governmental units.
D) Service firms.
E) All of thesE.
This question is vague as originally worded."Choice" to use variable costing or absorption costing for what purpose - financial statements,decision making? I think I know what you are getting at,and changed it to read as abovE.

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