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    Cost Accounting Study Set 1
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    Exam 2: An Introduction to Cost Terms and Purposes
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    The Income Statement of a Manufacturing Firm Reports
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The Income Statement of a Manufacturing Firm Reports

Question 63

Question 63

Multiple Choice

The income statement of a manufacturing firm reports:


A) period costs only
B) inventoriable costs only
C) both period and inventoriable costs
D) period and inventoriable costs but at different times; the reporting varies

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