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Many companies have switched from absorption costing to variable costing for internal reporting: Select one: a. to comply with external reporting requirements as required by
Many companies have switched from absorption costing to variable costing for internal reporting:
Select one:
a. to comply with external reporting requirements as required by GAAP
b. to increase bonuses for managers
c. so the denominator level is more accurate
d. to reduce the undesirable incentive to build up inventories that would show higher operating income
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