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  3. Study Set
    Cornerstones of Cost Accounting
  4. Exam
    Exam 7: Allocating Costs of Support Departments and Joint Products
  5. Question
    When Does a Common Cost Occur
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When Does a Common Cost Occur

Question 20

Question 20

Multiple Choice

When does a common cost occur?


A) when only one product or service is benefited
B) when different resources are used to produce one output
C) when the same resource is used in the output of two or more outputs
D) when a resource is used by two or more companies

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