Which of the following is false? Select one: O a. A cost refers to the value paid for either an asset of expense. O b. Inventory is a liability until it is expensed c. Inventory becomes an expense when it is sold d. Wages are usually the largest cost in the hospitality industry

Which of the following is false? Select ones a. A cost refers to the value paid for either an asset of expense. b. Inventory is a liability until it is expensed c. inventory becomes an expense when it is sold d. Wages are usually the largest cost in the hospitality industry