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QUESTION 10 Which situation is often considered a 'red flag' by investment professionals? O Losses on inventory are recognized immediately, even if inventory is unsold.

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QUESTION 10 Which situation is often considered a 'red flag' by investment professionals? O Losses on inventory are recognized immediately, even if inventory is unsold. Companies that sell multiple products use LIFO for some products and FIFO for others. A company changes inventory methods from FIFO to weighted average cost. A company uses an inventory method that fails to match the physical flow of the inventory. O O O

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