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    Introduction to Materials Management Study Set 1
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    Exam 9: Inventory Fundamentals
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    Item Cost Is the Price Paid for a Purchased Item
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Item Cost Is the Price Paid for a Purchased Item

Question 11

Question 11

True/False

Item cost is the price paid for a purchased item, which consists of the cost of the item and any other indirect costs associated with getting the item into the plant.

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