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  3. Study Set
    Managerial Accounting
  4. Exam
    Exam 2: An Introduction to Cost Terms and Purposes
  5. Question
    The Two Terms That Managers Use to Describe Cost Classifications
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The Two Terms That Managers Use to Describe Cost Classifications

Question 40

Question 40

True/False

The two terms that managers use to describe cost classifications in manufacturing costing systems are prime costs and conversion costs.

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