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3. As inventory and property plant and equipment on the balance sheet are consumed, they are reflected: A) As a revenue on the income statement

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3. As inventory and property plant and equipment on the balance sheet are consumed, they are reflected: A) As a revenue on the income statement B) As an expense on the income statement C) As a use of cash on the statement of cash flows D) On the balance sheet because assets are never consumed E) Both B and C because the financial statements articulate

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