Freight charges on goods purchased are considered a period cost and therefore are not part of the cost of the inventory.

a. true
b. false

Answer: b. false

Business

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Which of the following is a principal type of authorization table?

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All of the following are uses of Haz-Map EXCEPT:

A) filing complaints about hazardous chemical usage. B) determining substance toxicity levels. C) identifying occupational diseases. D) preventing toxic exposures.

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