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Which of the following is a true statement about internal sales? a.) Unrealized profit from internal sales in the prior period must be eliminated. b.)
Which of the following is a true statement about internal sales?
a.) Unrealized profit from internal sales in the prior period must be eliminated.
b.) Unrealized profit from internal sales in the current period must be eliminated.
c.) Unrealized profit should not be eliminated.
d.) None of the above.
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