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Match the Items Below by Choosing the Appropriate Code Letter

Question 26

Multiple Choice

Match the items below by choosing the appropriate code letter :
-The same unit cost is used to value ending inventory and cost of sales.


A) Inventory
B) Work in process
C) FOB shipping point
D) FOB destination
E) Specific identification method
F) First-in, first-out (FIFO) method
G) Last-in, first-out (LIFO) method
H) Average cost method
I) Inventory turnover

Correct Answer:

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