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    Financial ACCT2
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    Exam 7: Inventory
  5. Question
    Which Inventory Cost Flow Method Assigns the Cost of the Most
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Which Inventory Cost Flow Method Assigns the Cost of the Most

Question 55

Question 55

Multiple Choice

Which inventory cost flow method assigns the cost of the most recent items purchased to ending inventory?


A) Specific identification
B) Weighted average
C) FIFO
D) LIFO

Correct Answer:

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