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In the following, discuss whether Marina is treating relevantly similar cases in sufficiently similar fashions; identify instances in which the cases are not relevantly similar.
Marina instructs her children to always be truthful but lies to her young daughter when the daughter asks if her (the daughter's) illness is running up large medical bills.
Variable Cost Method
An accounting technique that tracks production costs that vary with the level of output.
Markup Percentage
The percentage added to the cost of a product or service to determine its selling price.
Invested Assets
Assets in which funds have been placed with the expectation of generating income or profit.
Investment Centers
Parts of an organization with direct control over investments and revenues, and responsibility for generating profits, often evaluated through return on investment (ROI) measures.
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