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Ch 2/3: The distinction between inventoriable cost and period cost is only important for financial accounting. Management decision making has no use for this distinction.

Ch 2/3: "The distinction between inventoriable cost and period cost is only important for financial accounting. Management decision making has no use for this distinction." Do you agree with this statement? Explain why or why not. Ch 7: Under what circumstances can depreciation of assets be relevant to decision making? Ch 9/10: Explain the variance analysis cycle, showing clearly its 6 elements, and outlining how the cycle functions as a wholeimage text in transcribed

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