1. Why is it important for a management accountant to understand
how different costs behave?
2. Which of the following is not a fixed cost? Justify your
answer.
a. Direct labor.
b. Raw materials.
c. The salary of the factory supervisor.
d. Sales force commissions (Paid as a % of sales).
3. What are the FOUR principles of Global Management
Accounting?
1. Why is it important for a management accountant to understand how different costs behave? 2. Which of the following i
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