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Why do we have so many methods for accounting for inventory? How does this impact comparability of financial statements of different companies? In your opinion,

Why do we have so many methods for accounting for inventory? How does this impact comparability of financial statements of different companies? In your opinion, should companies be allowed to use accounting methods that are inconsistent with the physical flows of inventory? Explain. Participate in follow-up discussion by supporting or challenging your classmates' assertions.

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