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I received a relatively low grade on my diagnostic quiz and am determined to improve my knowledge on inventories by the time I take the
I received a relatively low grade on my diagnostic quiz and am determined to improve my knowledge on inventories by the time I take the adaptive quiz at the end of the week. So far in this course, I've discovered a variety of online resources that might help enhance my understanding of inventory-related topics, particularly cost flow methods and consignment accounting, where I need the most practice in. Firstly, platforms like Khan Academy and Coursera provide thorough courses on these subjects, featuring video lectures, practice exercises, and quizzes. These resources simplify complex concepts, making it easier for me to grasp the intricacies of inventory valuation methods such as FIFO, LIFO, and weighted average cost. In addition, academic websites like Investopedia and AccountingTools offer comprehensive articles, tutorials, and case studies focused on inventory management and accounting practices. These resources not only explain theoretical frameworks but also offer practical examples and real-world applications, which have been instrumental in reinforcing my understanding
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