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When the entire output is sold in an accounting year, the the value of output is equal to

When the entire output is sold in an accounting year, the the value of output is equal to

Q. When the entire output is sold in an accounting year, the the value of output is equal to:

  1. Sales + Change in Stock
  2. Sales
  3. Sales – Change in the stock
  4. None of these

Answer: Sales

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