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Define the concepts fixed cost and variable cost

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Reference no: EM132876691

Question -

1. Define the following concepts, Fixed Cost, Variable Cost, Unit Cost, Relevant Range, Managerial Accounting, Financial Accounting.

2. Discuss the differences between.

a) Managerial Accounting and Financial Accounting

b) Fixed Cost and Variable Cost

c) Be sure to note your source and citation in text

Reference no: EM132876691

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