Question
Which of the following sentences is true of classification of spoilage as normal or abnormal when inventories are present? a. Classifying spoilage as normal rather
Which of the following sentences is true of classification of spoilage as normal or abnormal when inventories are present?
| a. | Classifying spoilage as normal rather than abnormal spoilage results in same current operating income. | |
| b. | Classifying spoilage as normal rather than abnormal spoilage results in a decrease in current operating income. | |
| c. | Classifying spoilage as abnormal rather than normal spoilage results in an increase in current operating income. | |
| d. | Classifying spoilage as normal rather than abnormal spoilage results in an increase in current operating income. | |
| e. | None of the answers. |
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