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QUESTION 15 The use of UFO in accounting for a firm's inventory Usually matches the physical flow of goods through the business. is usually used

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QUESTION 15 The use of UFO in accounting for a firm's inventory Usually matches the physical flow of goods through the business. is usually used for internal management purposes. Usually provides a better match of expenses with revenues. None of these answer choices are correct. QUESTION 16 Which of the following costs will not affect cost of goods sold? a. Inventory inspection costs. b. Inventory-related selling costs. OC. Freight charges incurred to bring inventory to the warehouse. Inventory preparation costs. d

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