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    Exam 19: Managerial Accounting
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    The Equivalent of Finished Goods Inventory for a Merchandising Firm
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The Equivalent of Finished Goods Inventory for a Merchandising Firm

Question 185

Question 185

Multiple Choice

The equivalent of finished goods inventory for a merchandising firm is referred to as


A) purchases.
B) cost of goods purchased.
C) inventory.
D) raw materials inventory.

Correct Answer:

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