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    Financial Accounting Study Set 1
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    Exam 6: Inventory
  5. Question
    Counting Inventory on December 31 That Was Shipped FOB Shipping
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Counting Inventory on December 31 That Was Shipped FOB Shipping

Question 22

Question 22

True/False

Counting inventory on December 31 that was shipped FOB shipping point would not cause any error in the final inventory valuation.

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