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Subject - Accounting:

Financial Statement Analysis

MCQ - 291-293

Question:

Which of the following is NOT true about the specific identification method?

  1. It requires a very detailed physical count
  2. This method allows management to easily manipulate ending inventory cost
  3. This method is very hard to use on interchangeable goods
  4. This method allows management to easily manipulate ending inventory cost

Correct Answer: D

Explanation:

Not Required

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Record Performance

355 MCQ for effective preparation of the test of Financial Statement Analysis of Accounting section.

Read the MCQ statement: Which of the following is NOT true about the specific identification method? , keenly and apply the method you have learn through the video lessons for Financial Statement Analysis to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 291-293.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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