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Question: Controllable costs, as used in a responsibility accounting system, consist of:

A. only fixed costs.

B. only direct materials and direct labor.

C. those costs that a manager can influence in the time period under review.

D. those costs about which a manager has some knowledge.

E. those costs that are influenced by parties external to the organization

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92579302

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