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Who owns the goods - goods in transit, consigned goods, special sales agreements - as well as the costs to include in inventory are essentially
Who owns the goods - goods in transit, consigned goods, special sales agreements - as well as the costs to include in inventory are essentially accounted for the same under IFRS and GAAP.
a. false
b. true
a. false
b. true
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b true Both IF RS and GA AP require that goods in transit be included in inven...
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Cornerstones of Financial and Managerial Accounting
Authors: Rich Jones, Mowen, Hansen, Heitger
1st Edition
9780538751292, 324787359, 538751290, 978-0324787351
