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Estimating inventory may be needed for all of the following reasons except a. when a fire has destroyed the inventory and inventory

Estimating inventory may be needed for all of the following reasons except a. when a fire has destroyed the inventory and inventory records. b. when the inventory cost is based on a predetermined relationship. c. when it is impractical to take a physical inventory. d. when the periodic method is used instead of taking a physical inventory.

4 Answers

D
Dana Herzog

Feb 20, 2025

answer; no individual buyer or seller has any significant impact on the market price;... Show More

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