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Which of the following is reported on an income statement? A. Cash B. Uneanred income C. Cost of Goods Sold D. Accounts receivable In thre
Which of the following is reported on an income statement?
A. Cash
B. Uneanred income
C. Cost of Goods Sold
D. Accounts receivable
In thre decision-making process to determine wether new machinery should be acquired, the book value of old machinery that is to be replaced is normally considered
A. an incremental cost
B. a relevant cost
C. a differential cost
D. a sunk cost
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