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  3. Study Set
    Cost Accounting Study Set 2
  4. Exam
    Exam 14: Allocation of Support-Department Costs, Common Costs and Revenues
  5. Question
    Cost-Based Prices
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Cost-Based Prices

Question 103

Question 103

Multiple Choice

Cost-based prices:


A) provide an inherent incentive for the producer to control costs.
B) pass the majority of risk to the buyer.
C) are a good way of setting prices in a competitive market.
D) All of the above.

Correct Answer:

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