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Acceptable methods of assigning specific costs to inventory and cost of goods sold include all of the following except : a. LIFO method. b. FIFO

Acceptable methods of assigning specific costs to inventory and cost of goods sold include all of the following except:

a. LIFO method.

b. FIFO method.

c. Specific identification method.

d. Weighted average method.

e. Retail method.

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Solution The correct answer is e Retail method Explanation There are four accepted method... blur-text-image

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