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    Financial Accounting Information for Decisions Study Set 2
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    Exam 5: Reporting and Analyzing Inventories
  5. Question
    The Assignment of Costs to Cost of Goods Sold and Ending
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The Assignment of Costs to Cost of Goods Sold and Ending

Question 204

Question 204

True/False

The assignment of costs to cost of goods sold and ending inventory using specific identification is the same for both the perpetual and periodic systems.

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