In a business organization, describe how what a manager is referring to when speaking of prices differs

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In a business organization, describe how what a manager is referring to when speaking of “prices” differs from what a manager is referring to when speaking of “costs.”

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Accounting

ISBN: 978-0324662962

23rd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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Posted Date: Jan 21, 2018 11:44 AM

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In a business organization, describe how what a manager is referring to when speaking of prices differs

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1 Price is the value we derive from utilizing a thing 2 Cost is the amount we pay for obtaini... View the full answer

Accounting

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