Match the Costs That Might Be Included as Part of the Cost

question 1

Multiple Choice

Match the costs that might be included as part of the cost of inventory to the listed accounting treatment. (Choices may be used more than once.)
-returned goods to the seller

• A)added to inventory cost
• B)subtracted from inventory cost
• C)not an inventory cost

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Definitions:

Unethical Process

Actions or procedures that go against moral principles and do not conform to ethical standards.

Inflate Profits

The act of artificially increasing a company's profit figures through deceptive or unethical accounting practices.

Moral Intensity

The degree to which an issue demands the application of ethical principles based on its potential impact.

Saliency

The quality of being particularly noticeable or important; standing out from the background or context.