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    Cost Accounting Study Set 2
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    Exam 10: Decision Making and Relevant Information
  5. Question
    The Opportunity Cost of Holding Inventory Is the Income Forgone
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The Opportunity Cost of Holding Inventory Is the Income Forgone

Question 10

Question 10

True/False

The opportunity cost of holding inventory is the income forgone by tying up money in inventory and not investing it elsewhere.

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