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  3. 1. cost is the only concerning item in management

1. Cost is the only concerning item in Management Accounting. Do you agree? Explain with...

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Accounting

1. Cost is the only concerning item in Management Accounting. Do you agree? Explain with example.

2. Fixed costs do not change for changes in activity that fall within the relevant range. Explain with hypothetical example.

3. Distinguish between committed fixed cost and discretionary fixed cost.

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