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Bill Jones is opening a new car dealership. His accountant has told him that there are several different methods of inventory valuation.

 Which one of the following inventory valuation methods is most appropriate for a new car dealership?

a. Specific identification method

b. Perpetual average cost method

c. Periodic LIFO

d. Perpetual FIFO

 

Accounting Auditing Financial Accounting Financial Analysis Banking
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Question added by mohamed Hakim CMA CPA Candidate , Accounting Manager , Andersen saudi arabia
Date Posted: 2015/05/14
Upvote (0) Views (12) Followers (7) Answers (7) Report Question
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عبدالحميد عفلي
by عبدالحميد عفلي , متصرّف مسؤول المحاسبة العامة والنزاعات الجبائية , الشركة الجهوية للنقل بالقيروان

specific identification method......................

Alex Al Yazouri
by Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

a. Specific identification method

What so called Floor Plan.

حسين محمد ياسين
by حسين محمد ياسين , Finance Manager , مؤسسة عبد الماجد محمد العمر للمقاولات العامة

agree with answers .........................................

Ahmed kandil
by Ahmed kandil , Cost Controller , Battour Holding Cpompany

A is the correct answer Thanks 

ايمن محمد عاطف محمد
by ايمن محمد عاطف محمد , Director of the control and regulation unit , ACOLID

a. Specific identification method

Mir Mujtaba Ali
by Mir Mujtaba Ali , Internal Audit Manager , Confidential

a. Specific identification method

All right answers - so far

FITAH MOHAMED
by FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

a. >>>>>>>>>>>>>>>>>>>Specific identification method

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