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Question 35 1.6 pts The cost flow pattern for merchandise inventory (FIFO, LIFO, etc) must be the same as the actual physical flow of goods

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Question 35 1.6 pts The cost flow pattern for merchandise inventory (FIFO, LIFO, etc) must be the same as the actual physical flow of goods for the company. O True False A merchandising company treats a purchase discount as an increase to the cost of merchandise inventory. True False

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