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    Fundamental Accounting Principles Study Set 1
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    Exam 5: Accounting for Merchandising Operations
  5. Question
    Operating Expenses Are Classified into Two Categories: Selling Expenses and Cost
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Operating Expenses Are Classified into Two Categories: Selling Expenses and Cost

Question 96

Question 96

True/False

Operating expenses are classified into two categories: selling expenses and cost of goods sold.

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