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    Financial Accounting Study Set 5
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    Exam 7: Inventories
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    When the Average-Cost Method Is Applied to a Perpetual Inventory
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When the Average-Cost Method Is Applied to a Perpetual Inventory

Question 20

Question 20

True/False

When the average-cost method is applied to a perpetual inventory system,the sale and purchase of goods will not change the unit cost of the goods that remain in inventory.

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