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  2. Topic
    Business
  3. Study Set
    Cost Accounting
  4. Exam
    Exam 18: Spoilage, Rework, and Scrap
  5. Question
    If Scrap Is Returned to the Company's Storeroom and Inventoried
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If Scrap Is Returned to the Company's Storeroom and Inventoried

Question 17

Question 17

True/False

If scrap is returned to the company's storeroom and inventoried, it should NOT have any value in the accounting records.

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