What is the definition provided for inventory

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Reference no: EM131827948

Question: If your school has a subscription to the FASB Codification, prepare responses to the following:

(a) Access the glossary ("Master Glossary") to answer the following.

(1) What is the definition provided for inventory?

(2) What is a customer?

(b) What guidance does the Codification provide concerning reporting inventories above cost?

Reference no: EM131827948

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