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View Policies Current Attempt in Progress Which of the following is a reason why the specific identification method may be considered ideal for assigning costs
View Policies
Current Attempt in Progress
Which of the following is a reason why the specific
identification method may be considered ideal for
assigning costs to inventory and cost of goods
sold?
There is no arbitrary allocation of costs.
The potential for manipulation of net
income is reduced.
It can be used on all types of inventory.
The cost flow matches the physical flow.
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