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Basic Question 1 of 16

The choice of inventory valuation method would be largely irrelevant if inventory costs remained constant or relatively constant over time. True or false?

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I used your notes and passed ... highly recommended!
Lauren

Lauren

Learning Outcome Statements

calculate and explain how inflation and deflation of inventory costs affect the financial statements and ratios of companies that use different inventory valuation methods

CFA® 2024 Level I Curriculum, Volume 2, Module 6.