Question: Using the GASB Codification: What measurement attribute is generally used to account for inventory? Provide both the GASB Codification reference to this guidance, as well

Using the GASB Codification:

  1. What measurement attribute is generally used to account for inventory?
  2. Provide both the GASB Codification reference to this guidance, as well as the original GASB standard number. Describe how you located the original GASB standard number.

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