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Manufacturing Companies Have Inventory Accounts,but Merchandising Companies Do Not

question 28

True/False

Manufacturing companies have inventory accounts,but merchandising companies do not.


Definitions:

Significant Figures

Digits in a number that contribute to its accuracy, indicating the precision of a measurement.

Percent

A unit of measure that represents one hundredth of a whole.

Perfect Accuracy

The condition of being completely correct or precise without any error.

Digits

The characters used to represent numbers in counting or numerical representation, typically from 0 through 9.

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