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    Principles of Financial Accounting Study Set 1
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    Exam 6: Inventory Costing
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    The Evidence Required for a Reversal of a Previous Inventory
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The Evidence Required for a Reversal of a Previous Inventory

Question 117

Question 117

Multiple Choice

The evidence required for a reversal of a previous inventory write down would be


A) a decline in selling prices.
B) an increase in selling prices.
C) an increase in products/ merchandise sold.
D) a decrease in products/ merchandise sold.

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