Examlex
Which of the following is a physical change?
Inventories
Assets held for sale in the ordinary course of business, or materials that will be consumed or used in the production of goods to be sold.
Purchased
Refers to the acquisition of goods or services in exchange for money or its equivalent.
Unadjusted Cost
This term refers to the original cost of an asset or operation before any adjustments such as depreciation, inflation, or market changes are applied.
Cost of Goods Sold
The direct expenses tied to the production of the goods sold by a company, including materials and labor.
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