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Introduction to Managerial Accounting 7th Edition Peter Brewer Ray Garrison Eric Noreen Test Bank
- Exam (elaborations) • 346 pages • 2022
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Chapter 01 
Managerial Accounting and Cost Concepts 
True / False Questions 
1. Selling costs can be either direct or indirect costs. 
True False 
2. A direct cost is a cost that cannot be easily traced to the particular cost object under 
consideration. 
True False 
Introduction To Managerial Accounting 7th Edition Test Bank by Peter Brewer, Ray 
Garrison, Eric Noreen 
1-2 
3. Property taxes and insurance premiums paid on a factory building are examples of period costs. 
True False 
4. Conversi...
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