Proponents of Variable Costing Argue That Inventories Have Value Only

question 2

Multiple Choice

Proponents of variable costing argue that inventories have value only to the extent that they:

• A)avoid the necessity for incurring costs in the future.
• B)eliminate depreciation charges.
• C)can be sold for enough to cover costs and a reasonable profit.
• D)turn over in less than one year.

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Definitions:

Demote

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Right Tab Stop

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AutoFit Contents

A feature in spreadsheet and word processing software that automatically adjusts the size of columns, rows, or text to accommodate its content.