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    Business
  3. Study Set
    Fundamental Accounting Principles
  4. Exam
    Exam 6: Inventory Costing and Valuation
  5. Question
    A Business That Has Inventory Items That Are Ordinarily Interchangeable
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A Business That Has Inventory Items That Are Ordinarily Interchangeable

Question 60

Question 60

True/False

A business that has inventory items that are ordinarily interchangeable is required to use the specific identification method of assigning costs to inventory.

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