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What is the best basis for designing a costing system? a . According to guidelines established by the Society of Management Accountants for aiding management
What is the best basis for designing a costing system?
a According to guidelines established by the Society of Management Accountants for
aiding management decisionmaking.
b In accordance with generally accepted accounting principles for financial accounting
reporting.
c To be tailored to the underlying operations of the company.
d To be compatible with the latest technology for data collection regardless of the cost.
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