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    Cornerstones of Financial Accounting Study Set 3
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    Exam 6: Cost Of Goods Sold and Inventory
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    Which Inventory Cost Flow Method Assigns the Same Cost to All
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Which Inventory Cost Flow Method Assigns the Same Cost to All

Question 76

Question 76

Multiple Choice

Which inventory cost flow method assigns the same cost to all units whether sold or left in ending inventory?


A) specific identification
B) weighted average cost
C) FIFO
D) LIFO

Correct Answer:

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