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Inventory valuation - Valuation methods

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Inventory Valuation Valuation Methods
Valuation Methods ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Specific Identification ,[object Object],[object Object],[object Object]
Last-in, First-out (LIFO) ,[object Object],[object Object],[object Object]
First-in, First-out (FIFO) ,[object Object]
Average Cost ,[object Object],[object Object],[object Object],[object Object]
Which method to use? ,[object Object],[object Object]

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Inventory valuation - Valuation methods