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10 December, 01:33

Service companies accumulate information about the cost of services provided, and they report those costs in an inventory account.

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  1. 10 December, 04:57
    0
    FALSE

    Explanation:

    Service providers do not gather information on the value of the services provided, and that they do not disclose such expenses in an inventory statement. Service companies collect information but are unable to detail exactly what data they are gathering, the factors they are collecting it and their data collection policies.

    therefore the answer for this statement is FALSE.
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