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a) You overheard two accounting students' conversation: Why are there so many cost categories in management accounting? What is the point of classifying costs? Required:

a) You overheard two accounting students' conversation: "Why are there so many cost categories in management accounting? What is the point of classifying costs?" Required: Write an appropriate response to answer their questions. (3 marks) ANSWER a): Answer box will enlarge as you type

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