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2) Freight costs incurred by a company purchasing office furniture A. are included in the cost of the furniture B) are expensed 3) Recording depreciation
| 2) Freight costs incurred by a company purchasing office furniture A. are included in the cost of the furniture B) are expensed
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| 3) Recording depreciation A. is an estimate of cost allocation, not a process of valuation B. is a process of valuation, not an estimate of cost allocation C. is an estimate of cost allocation and a process of valuation
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