Multiple Choice
In addition to the cost-flow assumption,the system used to record movements in inventory also affects the determination of the cost of inventory.What are the systems commonly in use for recording the movement of inventory?
A) Continuous and cyclic.
B) ABC costing and overhead allocation.
C) Positive and periodic.
D) Periodic and perpetual.
E) None of the given answers.
Correct Answer:
Verified
Correct Answer:
Verified
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