Question: 14. What amount should be reported as expenditures for the current fiscal year when accounting for inventories of supplies under the purchase method and under
14. What amount should be reported as expenditures for the current fiscal year when accounting for inventories of supplies under the purchase method and under the consumption method? A) B) C) D) Purchase Method amount used amount used amount purchased amount purchased A) Option A B) Option B C) Option C D) Option D Consumption Method amount purchased amount used amount purchased amount used ling inventory in its general fund on January 1, 20X8. During
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