Under GAAP, companies can choose which inventory system? 
Correct Answer:
Verified
Q145: LIFO can be used
A)under neither GAAP nor
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Q190: A company uses the periodic inventory method
Q191: Specific Identification can be used for inventory
Q194: Under IFRS, companies can choose which inventory
Q196: Classic Floors has the following inventory
Q197: Classic Floors has the following inventory
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