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    Fundamental Accounting Principles Study Set 6
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    Exam 18: Managerial Accounting Concepts and Principles
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    Goods a Company Acquires to Use in Making Products Are
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Goods a Company Acquires to Use in Making Products Are

Question 16

Question 16

Multiple Choice

Goods a company acquires to use in making products are called:


A) Cost of goods sold.
B) Raw materials inventory.
C) Finished goods inventory.
D) Work in Process inventory.
E) Conversion costs.

Correct Answer:

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