Question: The gross margin method can be used to estimate inventory for all of the following except Select one: a. to determine whether or not the

The gross margin method can be used to estimate inventory for all of the following except

Select one:

a. to determine whether or not the value obtained from a physical inventory count is reasonable.

b. when part of the inventory was destroyed by fire.

c. to prepare financial statements for external purposes.

d. to prepare interim financial statements.

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