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    Business
  3. Study Set
    Cost Accounting
  4. Exam
    Exam 20: Inventory Management, Just-in-Time, and Simplified Costing Methods
  5. Question
    To Comply with GAAP, Backflush Cost Numbers Can Be Adjusted
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To Comply with GAAP, Backflush Cost Numbers Can Be Adjusted

Question 135

Question 135

True/False

To comply with GAAP, backflush cost numbers can be adjusted by recording a journal entry.

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