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1. Which one of the following statements is true of specific identification?

A. The specific purchase invoice prices aren't used.

B. Ending inventory isn't associated with specific purchase prices.

C. Flow of goods and flow of cost are the same.

D. Low-cost items aren't used in this method.

2. Who has the most power to regulate interstate commerce?

a. federal government

b. state government

c. courts

d. international conglomerate

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92792698

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