Explain why you believe all costs are relevant


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Some managers believe that allocated costs are arbitrary and therefore not relevant, and that only costs that are direct costs should be reported. Explain why you believe all costs are relevant and why allocation of costs is necessary for accurate financial reporting.

The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Cost Accounting: Explain why you believe all costs are relevant
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