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  3. 1. financial accounting prepares reports for peopl

1. Financial accounting prepares reports for people directly involved in day to day operations. True...

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Accounting

1. Financial accounting prepares reports for people directly involved in day to day operations. True / False

2. Direct costs can be referred to as fixed costs. True / False

3. The EOQ provides a model for calculating the appropriate reorder point and the optimal reorder quantity to ensure the instantaneous replenishment of inventory with no shortage. True / False

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