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Which of the following is not considered an advantage of using the retail method of inventory costing? a . The retail method provides inventory figures
Which of the following is not considered an advantage of using the retail method of inventory costing?
a The retail method provides inventory figures for preparing monthly and quarterly financial statements when the periodic system is used.
b The retail method allows management to monitor operations more closely.
c The retail method uses specific costs to compute inventory.
d The retail method may be used as an aid in taking a physical inventory.
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