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    Business
  3. Study Set
    Intermediate Accounting Reporting and Analysis
  4. Exam
    Exam 7: Inventories: Cost Measurement and Flow Assumptions
  5. Question
    The Costs of Operating a Purchasing Department Are Necessary to the Purchasing
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The Costs of Operating a Purchasing Department Are Necessary to the Purchasing

Question 57

Question 57

True/False

The costs of operating a purchasing department are necessary to the purchasing of inventory therefore those costs incurred should be allocated to inventory.

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