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1.Explain what type of business would classify vehicles as Finished goods inventory. Your answer should...

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Accounting

1.Explain what type of business would classify vehicles as Finished goods inventory. Your answer should include a description of what the term inventory means.

2. Is a sunk cost a relevant cost in decision making? Explain by defining what a sunk cost is

3. Explain a difference between Management accounting reporting and Financial accounting reporting.

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