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Question 27 1 pts Which of the following statements is true of costs associated with goods for sale? Information-gathering technology increases the reliability and timeliness

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Question 27 1 pts Which of the following statements is true of costs associated with goods for sale? Information-gathering technology increases the reliability and timeliness of inventory information and increases the costs related to inventory. Opportunity costs are not recorded in financial accounting systems because they are not a significant component in several cost categories. O Purchasing costs include incoming freight costs and are reduced by discounts Opportunity costs are recorded in financial accounting systems but are a not significant component in several cost categories

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