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anuong05 anuong05
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2 months ago
Inventory represents a cost while it is waiting to be sold.

▸ true

▸ false
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Business in Action

Business in Action


Edition: 9th
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eminemluvr87eminemluvr87
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More questions for this book are available here
true

Inventory is another area in which financial managers can fine-tune the firm's cash flow. Inventory represents a cost while it's sitting there waiting to be sold. It has the potential to be converted to cash but must be sold first.
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