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26.when a company recognizes cost of goods sold, how does that event impact the elements of the financial statements? A.dividends decrease B.liabilities increase C. Assets

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26.when a company recognizes cost of goods sold, how does that event impact the elements of the financial statements? A.dividends decrease B.liabilities increase C. Assets increase D. Stockholders equity decreases 28.Which of the following is not a common feature of an internal control system? .bonding employees B.performing evaluation C. implementing the most effective marketing plan D.segregating duties

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