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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
    Why Are Joint Costs Allocated
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Why Are Joint Costs Allocated

Question 55

Question 55

Multiple Choice

Why are joint costs allocated?


A) because of GAAP financial reporting requirements
B) because of local tax requirements
C) because of IMA requirements
D) because of CMA requirements

Correct Answer:

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