Which of these inventory costing procedures does not require a physical count of the inventory items? retail

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Which of these inventory costing procedures does not require a physical count of the inventory items?

retail method

specific identification method

lower of cost or net realizable value

average cost method

Related Book For answer-question

Intermediate Accounting Reporting and Analysis

ISBN: 978-1285453828

2nd edition

Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach

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Posted Date: Oct 24, 2023 07:01 AM

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Which of these inventory costing procedures does not require a physical count of the inventory items? retail

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