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    Cost Accounting Study Set 1
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    Exam 12: Pricing Decisions and Cost Management
  5. Question
    Profit Margins Are Often Set to Earn a Reasonable Return
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Profit Margins Are Often Set to Earn a Reasonable Return

Question 140

Question 140

True/False

Profit margins are often set to earn a reasonable return on investment for short-term pricing decisions, but NOT long-term pricing decisions.

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