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1 - Why is it important to identify the most appropriate cost drivers for a particular product?
a. so managers can identify the activities necessary to manufacture a product
b. so managers can control product costs better and so managers can predict product costs better and make better decisions
c. so managers can predict product costs better and make better decisions
d. so managers can control product costs better
2 - Reports prepared by managerial accountants have a past orientation.
True
False
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