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Which of the following about joint costs is not true? Multiple Choice The costs cannot be directly assigned to any one of the outputs involved.
Which of the following about joint costs is not true? Multiple Choice The costs cannot be directly assigned to any one of the outputs involved. Joint costs are incurred in a service department. Assignment is made through one or more consistent allocation procedures. Allocation is not always needed when joint costs are involved. Joint costs are the cost of resources employed jointly in the production of two or more outputs
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