Which Statement Is Correct About the Specific Identification Method

question 129

Multiple Choice

Which statement is correct about the specific identification method?

• A)It is prone to earnings management if used for distinguishable items.
• B)This method is most appropriate for low-value inventory items.
• C)It is inexpensive to maintain inventory records under this method.
• D)This method is most appropriate for high-value inventory items.

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