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Which of the following statements is true regarding how to find out which inventory accounting method a firm used for a given period? Group of
Which of the following statements is true regarding how to find out which inventory accounting method a firm used for a given period?
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The inventory accounting method is discussed in the MD&A section of the Form K report.
The inventory accounting method is typically not stated.
The inventory accounting method is discussed in the notes to the financial statements.
The inventory accounting method is typically stated on the balance sheet.
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