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Statement I : Tax, insurance, and rent are examples of programmed costs. Statement II : Donations, advertising expenses, and research and development expenses are examples
Statement I: Tax, insurance, and rent are examples of programmed costs.
Statement II: Donations, advertising expenses, and research and development expenses are examples of committed costs.
Group of answer choices
Both statements are True
Only Statement I is True
Only Statement II is True
Both statements are False
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