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Explain one of the following five CMA concepts in depth and examine how the application or the analysis of the concept is practically relevant in
Explain one of the following five CMA concepts in depth and examine how the application or the analysis of the concept is practically relevant in your area or field of experience and expertise. 1. Product costs versus Period costs 2. Activity based cost allocation versus department-based cost allocation 3. Relevant costs in a make versus buy decisions 4. 'Different costs for different purposes' 5. Flexible budget versus master budget
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