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Click Submit to complete this assessment. Question 12 Which of the following is True regarding the gross profit method of estimating inventory? OA OB

Click Submit to complete this assessment. Question 12 Which of the following is True regarding the gross profit method of estimating inventory? OA OB This method provides an estimate amount for the ending inventory This method uses current ratios to make the computation. OC It is acceptable for financial reporting purposes. OD. This method provides exact amount for the ending inventory. &Click Submit to complete this assessment.

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