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    Managerial Accounting Study Set 8
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    Exam 6: Cost Behavior
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    Which Type of Costing System Can Only Be Used for Internal
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Which Type of Costing System Can Only Be Used for Internal

Question 282

Question 282

Multiple Choice

Which type of costing system can only be used for internal financial reporting because it is unacceptable by GAAP?


A) Prime costing
B) Out-of-pocket costing
C) Variable costing
D) Absorption costing

Correct Answer:

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