As inventory and PPE assets on the balance sheet are consumed, they are reflected: ...

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Accounting

As inventory and PPE assets on the balance sheet are consumed, they are reflected:
Select one:
A.
As a revenue on the income statement
B.
As an expense on the income statement
C.
As a cash flow outflow on the Statement of Cash flows
D.
Both B and C
E.
Assets are never consumed.

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