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Scoring: Your score will be based on the number of correct matches. There is no...

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Accounting

Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches.

Match each phrase that follows with the term it describes.

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Generally provides the most useful report for setting long-term prices.
May be used in a manufacturing company.
Operating income is impacted by changes in inventory level.
Treats fixed manufacturing cost as a period cost.

Absorption costing only
Variable costing only
Both absorption and variable costing

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