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    Business
  3. Study Set
    Cost Accounting
  4. Exam
    Exam 13: Pricing Decisions and Cost Management
  5. Question
    ________ Describes When a Resource Is Consumed or Benefit Forgone
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________ Describes When a Resource Is Consumed or Benefit Forgone

Question 46

Question 46

Multiple Choice

________ describes when a resource is consumed or benefit forgone to meet a specific objective.


A) Cost incurrence
B) Locked-in cost
C) Resource utilization
D) Designed-in cost

Correct Answer:

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