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    Managerial Accounting Study Set 3
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    Exam 1: Managerial Accounting Concepts and Principles
  5. Question
    Goods a Company Acquires to Use in Making Products Are
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Goods a Company Acquires to Use in Making Products Are

Question 120

Question 120

Multiple Choice

Goods a company acquires to use in making products are called:


A) Cost of goods sold.
B) Raw materials inventory.
C) Finished goods inventory.
D) Work in process inventory.
E) Conversion costs.

Correct Answer:

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