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Discussion - Choosing an Inventory Method.
Inventory valuation is seen by many companies as an important factor in their success.
What do you feel are types of decisions a company must make when choosing an inventory valuation method?
What is the relationship of this decision to the cost of goods sold for the company?
Explain your reasoning. Cite all references and sources used.
This answer throws light on the importance of a proper inventory policy. Various inventory methods and the importance of the inventory policy has been discussed in this report. The word count is 300 words and done in MS Word.
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