Question
Under the average cost method, the flow of costs through the accounting records will: A. be nearly the opposite of the physical flow of goods
A. be nearly the opposite of the physical flow of goods through the business.
B. closely match the physical flow of goods through the business.
C. exactly match the physical flow of goods through the business.
D. have no relationship to the physical flow of goods through the business.
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Financial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
5th Edition
9781118560952, 1118560957, 978-0470239803
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