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Which of the following statements is true about the specific identification method of costing inventories? It tracks the actual physical movement of goods in a

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Which of the following statements is true about the specific identification method of costing inventories? It tracks the actual physical movement of goods in a perpetual inventory system O It is a simple, inexpensive way of determining inventory costs. It is always used in both the perpetual and periodic inventory systems. O It is typically used for inventory items that are interchangeable

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