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  3. Study Set
    Fundamental Accounting Principles Study Set 1
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    Exam 24: Performance Measurement and Responsibility Accounting
  5. Question
    Departmental Income Statements Are Prepared for Operating Departments (Profit Centers)
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Departmental Income Statements Are Prepared for Operating Departments (Profit Centers)

Question 116

Question 116

True/False

Departmental income statements are prepared for operating departments (profit centers) but not service departments (cost centers).

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