Question: Absorption costing is A. more useful for decision-making than variable costing because it treats all costs of production as an inventory cost. B. required for

Absorption costing is A. more useful for decision-making than variable costing because it treats all costs of production as an inventory cost. B. required for financial reporting under generally accepted accounting procedures (GAAP) C. less likely to enable managers to manipulate income by increasing production. OD. based on cost behavior
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