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    Fundamental Accounting Principles Study Set 1
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    Exam 5: Accounting for Merchandising Operations
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    A Merchandiser
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A Merchandiser

Question 139

Question 139

Multiple Choice

A merchandiser:


A) Earns net income by buying and selling merchandise.
B) Earns profit from fares only.
C) Earns profit from commissions only.
D) Receives fees only in exchange for services.
E) Buys products from consumers.

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