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  3. Study Set
    Fundamental Accounting Principles
  4. Exam
    Exam 6: Inventory Costing and Valuation
  5. Question
    To Avoid the Time-Consuming Process of Taking an Inventory Each
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To Avoid the Time-Consuming Process of Taking an Inventory Each

Question 104

Question 104

True/False

To avoid the time-consuming process of taking an inventory each month, some companies use the gross profit method to estimate ending inventory.

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