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  3. Study Set
    Financial Accounting Study Set 2
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    Exam 5: Inventories and Cost of Goods Sold
  5. Question
    Under the ____________________ Inventory System, the Inventory Account Is Updated
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Under the ____________________ Inventory System, the Inventory Account Is Updated

Question 145

Question 145

Short Answer

Under the ____________________ inventory system, the inventory account is updated after each purchase or sale.

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