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    Fundamental Managerial Accounting Concepts Study Set 1
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    Exam 1: Management Accounting and Corporate Governance
  5. Question
    Misclassifying a Product Cost as a Period Cost Will Usually
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Misclassifying a Product Cost as a Period Cost Will Usually

Question 88

Question 88

True/False

Misclassifying a product cost as a period cost will usually cause the income statement to be incorrect,but the balance sheet will not be affected.

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