In the specific identification method, the flow of goods and the flow of costs are not the same.

Name: In the specific identification method, the flow of goods and the flow of costs are not the same.
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Quizplus · Accepted Answer

In the specific identification method, the flow of goods and the flow of costs are directly linked because each item sold and each item remaining in inventory is specifically identified, allowing for a direct match between the cost of the item and its sale or remaining inventory status.

In the Specific Identification Method, the Flow of Goods and the Flow