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Which of the following statements is true regarding inventory cost flow assumptions? Select one: a. A...

Which of the following statements is true regarding inventory cost flow assumptions?

Select one:

a. A company may use more than one costing method concurrently.

b. A company must comply with the method specified by industry standards.

c. A company must use the same method for domestic and foreign operations.

d. A company may never change its inventory costing method once it has chosen a method.

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