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The Stores and Supplies Fund of Walnut City Has Quietly

Question 73

Essay

The Stores and Supplies Fund of Walnut City has quietly followed a policy of charging all actual cost and normal overhead for materials and supplies bought from them.Annually an amount of cash equal to the net gain by that method is transferred to the Walnut Library Fund.Is this an appropriate pricing policy? Why or why not?

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While this practice may be expedient,it ...

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