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Manufacturing Entities Use Two Basic Types of Cost Accounting Systems

question 43

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Manufacturing entities use two basic types of cost accounting systems. They are:


Definitions:

Wordiness

The use of more words than necessary to convey a message, often making communication less clear and more time-consuming to read.

Summarizing

The act of condensing a larger body of information into a concise, comprehensive overview, highlighting main points and important details.

Reader Benefits

The advantages or valuable outcomes that a reader can gain from reading a document, book, or article.

Main Point

The central or most important idea of a discussion, presentation, or piece of writing.

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