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    Principles of Accounting
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    Exam 21: Costing Systems Process Costing
  5. Question
    The FIFO Approach to Process Costing Assumes That Items in Beginning
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The FIFO Approach to Process Costing Assumes That Items in Beginning

Question 18

Question 18

True/False

The FIFO approach to process costing assumes that items in beginning inventory were started and completed in the current period.

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