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    Exam 7: Inventory
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    Which Cost Flow Assumption Assigns the Actual Cost of a Unit
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Which Cost Flow Assumption Assigns the Actual Cost of a Unit

Question 44

Question 44

Multiple Choice

Which cost flow assumption assigns the actual cost of a unit to that unit of inventory?


A) FIFO
B) LIFO
C) Average cost
D) Specific identification

Correct Answer:

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