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    Financial Accounting Study Set 21
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    Exam 7: Inventory
  5. Question
    Which of the Following Cost Formulas Would Be Most Appropriate
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Which of the Following Cost Formulas Would Be Most Appropriate

Question 70

Question 70

Multiple Choice

Which of the following cost formulas would be most appropriate when the inventory units are unique or costly?


A) FIFO
B) specific identification
C) just-in-time
D) weighted-average

Correct Answer:

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