Selection of an inventory cost formula by management should be inﬂuenced most by the:

Name: Selection of an inventory cost formula by management should be inﬂuenced most by the:
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The selection of an inventory cost formula should primarily be influenced by the physical flow of goods. This approach ensures that the inventory valuation method closely reflects the actual movement of goods, leading to more accurate and meaningful financial statements.

Selection of an Inventory Cost Formula by Management Should Be