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    Fundamental Accounting Principles Study Set 5
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    Exam 18: Managerial Accounting Concepts and Principles
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    Costs That Are First Assigned to Inventory Are Called
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Costs That Are First Assigned to Inventory Are Called

Question 80

Question 80

Multiple Choice

Costs that are first assigned to inventory are called:


A) Period costs.
B) Product costs.
C) General costs.
D) Administrative costs.
E) Fixed costs.

Correct Answer:

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