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ACCT 346 Week 4 Midterm 2

This work of ACCT 346 Week 4 Midterm 2 includes answers to the next questions:

1. Which of the following is not a difference between financial accounting and managerial accounting?2. Which of the following statements regarding fixed costs is true?3. You own a car and are trying to decide whether or not to trade it in and buy a new car. Which of the following costs is an opportunity cost in this situation?4. Shula

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