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  3. Study Set
    Fundamental Accounting Principles Study Set 1
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    Exam 6: Inventories and Cost of Sales
  5. Question
    Goods in Transit Are Automatically Included in Inventory Regardless of Whether
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Goods in Transit Are Automatically Included in Inventory Regardless of Whether

Question 220

Question 220

True/False

Goods in transit are automatically included in inventory regardless of whether title has passed to the buyer.

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