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    Business
  3. Study Set
    Fundamentals of Cost Accounting
  4. Exam
    Exam 6: Fundamentals of Product and Service Costing
  5. Question
    It Is Important That Cost Management Systems Are Designed Using
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It Is Important That Cost Management Systems Are Designed Using

Question 74

Question 74

True/False

It is important that cost management systems are designed using the cost-benefit principle so that the costs of gathering additional information are balanced against the benefits of that information.

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