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Back Matter

Last updated

May 10, 2022
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- 15.7: Accounting in the Headlines
- Index

Lumen Learning
Lumen Learning

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Index
Glossary
This page defines key managerial accounting terms, including administrative costs, cost drivers, and costs of goods manufactured and sold. It distinguishes between direct and indirect costs, and explains manufacturing overhead, period costs, product costs, and inventory classifications. The importance of managerial accounting in providing internal information for decision-making is emphasized.
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