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    Business
  3. Study Set
    Introduction to Management Accounting
  4. Exam
    Exam 3: Measurement of Cost Behavior
  5. Question
    A Concern with Using Historical Data to Measure Cost Behavior
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A Concern with Using Historical Data to Measure Cost Behavior

Question 3

Question 3

True/False

A concern with using historical data to measure cost behavior is the possibility that historical data may hide past inefficiencies that the company could reduce if it could identify them.

Correct Answer:

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