One of the disadvantages of the specific identification inventory cost flow method is that it can allow managers of a business to manipulate the amount of income the business reports.

Name: One of the disadvantages of the specific identification inventory cost flow method is that it can allow managers of a business to manipulate the amount of income the business reports.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Managers can choose which costs to assign to cost of goods sold if specific identification is used.

One of the Disadvantages of the Specific Identification Inventory Cost