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Choose the inventory system that is consistent with the impact described. Results in higher income during periods of rising prices. Can only be used when

Choose the inventory system that is consistent with the impact described.

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Results in higher income during periods of rising prices. Can only be used when items in inventory can be differentiated from each 1. First-in First Out other. 2. Average Cost Shows lower income during periods of rising prices. 3. Specific Identification Would be appropriate for a car dealership. Would be appropriate for a grocery store

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