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Which of the following items should not be included in the cost of ending invetory? a. Sold units in transit, not invoiced, and shipped FOB
Which of the following items should not be included in the cost of ending invetory?
a. Sold units in transit, not invoiced, and shipped FOB destination
b. units on hand in the warehouse
c. purchased units in transit, shipped FOB destination
d. purchased units in transit, shipped FOB shipping point
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Auditing Principles
Authors: Howard F. Stettler
3rd Edition
0130521183, 9780130521187
