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Which of the Following Is a Reason Why the Specific

Question 145

Multiple Choice

Which of the following is a reason why the specific identification method may be considered ideal for assigning costs to inventory and cost of goods sold?


A) The potential for manipulation of net income is reduced.
B) There is no arbitrary allocation of costs.
C) The cost flow matches the physical flow.
D) Able to use on all types of inventory.

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