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    Intermediate Accounting Study Set 6
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    Exam 8: Inventories: Cost Measurement and Flow Assumptions
  5. Question
    The Cost of Goods Sold Can Be Determined Only After
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The Cost of Goods Sold Can Be Determined Only After

Question 44

Question 44

Multiple Choice

The cost of goods sold can be determined only after a physical count of inventory on hand under the


A) perpetual inventory system
B) variable costing system
C) moving average system
D) periodic system

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