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  3. Study Set
    Understanding Financial Accounting
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    Exam 4: Revenue Recognition and the Statement of Incom
  5. Question
    When Making Sales, There Are Costs That May Be Incurred
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When Making Sales, There Are Costs That May Be Incurred

Question 63

Question 63

True/False

When making sales, there are costs that may be incurred in the future; an example of a cost is bad debts.

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