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The Following Amounts Are Always Known Under Which Inventory Costing

Question 66

Multiple Choice

The following amounts are always known under which inventory costing system?
Current inventory      Cost of goods sold          Inventory shrinkage


A) Periodic               Periodic                            Perpetual
B) Perpetual              Perpetual                          Periodic
C) Perpetual              Perpetual                          Perpetual
D) Periodic               Periodic                            Periodic

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