Question: Using a cost flow assumption is particularly common in which of the following circumstances?Multiple select question.The company's inventory consists of only one item and all

Using a cost flow assumption is particularly common in which of the following circumstances?Multiple select question.The company's inventory consists of only one item and all units are purchased at the same price.Information to apply the specific identification method is not available.The company has a large number of identical or similar items that were purchased at different prices.

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