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    Fundamental Accounting Principles Study Set 5
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    Exam 6: Inventories and Cost of Sales
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    There Is No Simple Rule for Inventory Turnover, Except That
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There Is No Simple Rule for Inventory Turnover, Except That

Question 123

Question 123

True/False

There is no simple rule for inventory turnover, except that a high ratio is preferable provided inventory is adequate to meet demand.

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