Why do the accounting standards require absorption costing for financial reporting?

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Management Accounting

ISBN: 9780730369387

4th Edition

Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Rodney Dormer, Vijaya Murthy, Nick Pawsey

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Question Posted: Jul 09, 2021 08:14 AM

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Why do the accounting standards require absorption costing for financial reporting?

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Accounting standards require the use of absorption costing with all manu...View the full answer

Management Accounting

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