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Other questions 1. What do the letters FOB stand for? 2. Rent expense is classified as an operating expense. True or false. 3. Cost of

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Other questions 1. What do the letters "FOB" stand for? 2. Rent expense is classified as an operating expense. True or false. 3. Cost of goods sold is classified as an operating expense. True or false. 4. Name two intangible assets. 5. How should land be classified on a classified balance sheet if it is held as a speculative investment

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