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  3. Study Set
    Fundamental Accounting Principles
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    Exam 6: Inventory Costing and Valuation
  5. Question
    The Inventory Cost Flow Assumption That Assigns the Highest Cost
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The Inventory Cost Flow Assumption That Assigns the Highest Cost

Question 146

Question 146

True/False

The inventory cost flow assumption that assigns the highest cost to ending inventory in a period of rising prices is moving weighted average.

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