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  3. Study Set
    Cost Accounting Study Set 1
  4. Exam
    Exam 17: Process Costing
  5. Question
    When There Are Insignificant Amounts of Beginning and Ending Inventory
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When There Are Insignificant Amounts of Beginning and Ending Inventory

Question 103

Question 103

True/False

When there are insignificant amounts of beginning and ending inventory then the weighted-average and FIFO process costing methods will generate results that are not materially different.

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