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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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    Which of the Following Would Be Considered Merchandise Inventory
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Which of the Following Would Be Considered Merchandise Inventory

Question 97

Question 97

Multiple Choice

Which of the following would be considered merchandise inventory?


A) Work in progress
B) Raw materials
C) Purchased finished goods
D) Cost of goods sold

Correct Answer:

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