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  3. Study Set
    Cost Accounting Study Set 1
  4. Exam
    Exam 16: Cost Allocation: Joint Products and Byproducts
  5. Question
    A Sound Reason for Reporting Revenue from Byproducts as an Income
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A Sound Reason for Reporting Revenue from Byproducts as an Income

Question 120

Question 120

True/False

A sound reason for reporting revenue from byproducts as an income statement item at the time of sale is to lessen the chance of managers managing reported earnings.

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