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    Introduction to Management Accounting Study Set 1
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    Exam 15: Basic Accounting: Concepts, techniques, and Conventions
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    Decreases in Ownership Claims Arising from the Delivery of Goods
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Decreases in Ownership Claims Arising from the Delivery of Goods

Question 16

Question 16

Multiple Choice

Decreases in ownership claims arising from the delivery of goods are called ________.


A) revenues
B) profits
C) liabilities
D) expenses

Correct Answer:

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