Variable Costing Is Used for External Reporting Purposes,and Absorption Costing

question 179

True/False

Variable costing is used for external reporting purposes,and absorption costing is used for internal decision-making purposes.

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Definitions:

Hatred

Intense dislike or ill will against a person, group, or concept.

Biological Disposition

Natural predispositions or tendencies inherent in individuals, often due to genetic or physiological factors.

Homophobia

An aversion or hostility towards homosexual people, often manifesting in discriminatory or prejudicial attitudes and behaviors.

Social Profile

A social profile is an individual's or organization's identity or presence on social media platforms, which can include personal information, interests, and social connections.