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It is budget time and the CEO has asked you to develop apresentation on cost concepts and how it is used in decisionmaking. As the Director of Budgeting and Finance, you have beentasked to present the presentation to all directors, supervisorsand physicians. The CFO has ask you to address the following:How and why do we classify cost?Discuss the four major categories of direct and indirect costand explain each. Give examples of each.What is the difference between controllable and uncontrollablecost, give an example of each.PLEASE USE EXAMPLES ANDDETAILS
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