Question: 22. Preparing for my upcoming mid-term using these practice problems. Would be grateful if one could help. Variable costing is acceptable for which of the

22. Preparing for my upcoming mid-term using these practice problems. Would be grateful if one could help.

Variable costing is acceptable for which of the following purposes? Answers A-D A SEC reporting B GAAP reporting C Internal reporting D Reporting to the IRS

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to test high potential managers by throwing them in at the deep end;

to enable the development of managers in depth as well as in breadth;

to enable a balance and breadth of global management understanding at senior levels of management;