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    Introduction to Management Accounting
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    Exam 4: Cost Management Systems and Activity-Based Costing
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    In a Merchandising Firm,the Computation of Cost of Goods Sold
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In a Merchandising Firm,the Computation of Cost of Goods Sold

Question 53

Question 53

Multiple Choice

In a merchandising firm,the computation of Cost of Goods Sold does NOT use ________.


A) merchandise inventory,beginning balance
B) merchandise inventory,ending balance
C) purchases of direct materials
D) purchases of merchandise

Correct Answer:

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