Question: The retail inventory method ( Select all that apply. ) Multiple select question. is used in budgeting and forecasting. is used to generate information for

The retail inventory method (Select all that apply.)
Multiple select question.
is used in budgeting and forecasting.
is used to generate information for interim financial statements.
is used to avoid an annual physical count of inventory.
is used to test the overall reasonableness of physical counts.

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