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    Financial Accounting Study Set 1
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    Exam 7: Inventory and Cost of Goods Sold
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    Goods That a Company Holds That Are Not Reported on the Company's
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Goods That a Company Holds That Are Not Reported on the Company's

Question 197

Question 197

Multiple Choice

Goods that a company holds that are not reported on the company's balance sheet are called:


A) finished goods.
B) consignment inventory.
C) raw materials.
D) work in process.

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