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Assume that Sandra, a sole proprietor, maintains an inventory and can specifically identify items with their actual costs and invoices. Which of the following is

Assume that Sandra, a sole proprietor, maintains an inventory and can specifically identify items with their actual costs and invoices. Which of the following is listed incorrectly as a method she can use to identify the cost of items in inventory?

a) Specific identification

b) First-in, last-out

c) First-in, first-out

d) Last-in, first out

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