Question: Question 9 (2 points) The method that requires a physical counting of the inventory is called the specific identification inventory method. True False Question 10

Question 9 (2 points) The method that requires a physical counting

Question 9 (2 points) The method that requires a physical counting of the inventory is called the specific identification inventory method. True False Question 10 (2 points) Saved Under lower of cost or market, market refers to current replacement cost. True False Question 11 (2 points) Under the perpetual inventory system a sales transaction requires two journal entries. True False

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