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  3. Study Set
    Understanding Canadian Business
  4. Exam
    Exam 16: Understanding Accounting and Financial Information
  5. Question
    In Businesses That Handle a Lot of Perishable Items (Such
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In Businesses That Handle a Lot of Perishable Items (Such

Question 85

Question 85

True/False

In businesses that handle a lot of perishable items (such as supermarkets)the actual movement of goods through inventory most closely resembles the assumed movement in the LIFO inventory valuation technique.

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