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3 Which of the following rules of thumb is incorrect with regard to making short-term business decisions? A. Analysis should be performed using a contribution
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Which of the following "rules of thumb" is incorrect with regard to making short-term business decisions? A. Analysis should be performed using a contribution margin income statement approach. B. Past costs should considered in the decision making process. C. Per unit fixed costs should be converted to totals for analysis. D. Qualitative factors should be considered when analyzing a decision. O E. Variable costs should be analyzed on a per unit. OOStep by Step Solution
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