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QUESTION 9 Which statement relating to inventory is not correct? OOO It is classified as a non-current asset in the balance sheet. It is a

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QUESTION 9 Which statement relating to inventory is not correct? OOO It is classified as a non-current asset in the balance sheet. It is a very active asset, continually being acquired sold and replaced. It makes up a significant portion of a retailer's assets. Another name for inventory is stock-in-trade

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