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  3. Study Set
    Fundamentals of Financial Accounting Study Set 2
  4. Exam
    Exam 7: Inventory and Cost of Goods Sold
  5. Question
    For External Financial Statement Reporting Purposes,loss of Inventory Value Is
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For External Financial Statement Reporting Purposes,loss of Inventory Value Is

Question 115

Question 115

Multiple Choice

For external financial statement reporting purposes,loss of inventory value is typically combined with:


A) contributed capital.
B) advertising expense.
C) cost of goods sold.
D) allowance for doubtful accounts.

Correct Answer:

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