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Which of the following is true about costing system principles in local governments? While costs are often classified as controllable or non-controllable it is important
Which of the following is true about costing system principles in local governments? While costs are often classified as controllable or non-controllable it is important to remember that all costs are controllable by someone. While costs are often classified as fixed or variable and fixed costs may prove difficult to vary in the short-term all costs are fixed in the long-run. The gathering and aggregation of costing information does not have to be consistent. Gathering costing information is free
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