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Basic Question 0 of 4
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 am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
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.