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  3. Study Set
    Management Accounting Study Set 2
  4. Exam
    Exam 2: Cost Concepts, Behaviour and Estimation
  5. Question
    Past Cost Information Might Be Too Unreliable for Future Cost
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Past Cost Information Might Be Too Unreliable for Future Cost

Question 1

Question 1

Multiple Choice

Past cost information might be too unreliable for future cost estimation because


A) An organisation has been operating too long in a stable environment
B) The costs are primarily mixed
C) A company has added a new product line
D) Managers expect no changes in the cost function

Correct Answer:

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