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    Intermediate Accounting Study Set 3
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    Exam 8: Cost-Based Inventories and Cost of Sales
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    Which of the Following Is Not Relevant to the Gross
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Which of the Following Is Not Relevant to the Gross

Question 15

Question 15

Multiple Choice

Which of the following is not relevant to the gross margin method of inventory valuation?


A) Gross margin percentage
B) Mark-up on cost
C) Cost percentage
D) Profit margin

Correct Answer:

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