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    Exam 7: Inventory
  5. Question
    Which of the Following Cost Flow Assumptions Would Most Likely
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Which of the Following Cost Flow Assumptions Would Most Likely

Question 51

Question 51

Multiple Choice

Which of the following cost flow assumptions would most likely be used when inventory is expensive and unique?


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

Correct Answer:

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