[Solved] Which of the following statements are true?

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Q.	Which of the following statements are true?
A.	In absorption costing, cost is divided into three major parts while in marginal costing cost is divided into two main parts.
B.	In absorption costing period is important and in marginal costing product is important.
C.	Both a and b
D.	None of the above
Answer» C. Both a and b

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