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Financial statements can be manipulated (i.e. what would be improper) a.by expensing sales and administrative expenses immediately. b.by charging the cost of manufacturing direct labor
Financial statements can be manipulated (i.e. what would be improper)
a.by expensing sales and administrative expenses immediately.
b.by charging the cost of manufacturing direct labor to inventory.
c.by charging the cost of direct labor to sales and administrative expense.
d.by charging electricity used to make the product to inventory.
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