- CFA Exams
- CFA Level I Exam
- Topic 4. Financial Statement Analysis
- Learning Module 6. Analysis of Inventories
- Subject 2. The Effects of Inflation and Deflation on Inventories, COGS and Gross Margin
CFA Practice Question
The choice of inventory valuation method would be largely irrelevant if inventory costs remained constant or relatively constant over time. True or false?
Correct Answer: True
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