Specific Identification Must Be Used for Inventory Valuation Where the Inventory

Short Answer

Specific Identification must be used for inventory valuation where the inventory items are not interchangeable under GAAP $\quad$ IFRS
a. Yes $\quad$$\quad$ No
b. Yes $\quad$$\quad$ Yes
c. No $\quad$$\quad$ No
d. No $\quad$$\quad$ Yes