What is the cost flow assumption?

What is meant by the physical flow of goods?

What relationship exists between cost flows and the physical flow of goods in a company?

To place the proper valuation on inventory, a business must determine which costs should be included in inventory cost. Getting goods ready to sell should include what items?

Answer rating: 100% (QA)

flow assumptions The phrase cost flow assumptions often refers to the methods available for moving the costs of a companys products from its inventory ... View the full answer