Which items will selection of an inventory-costing method

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Question 1: On which of the following items will the selection of an inventory-costing method cause a financial impact?

I. Matching on the income statement

II. The measurement of gross profit

III. The manner in which the actual inventory goods are sold and restocked

Option 1: II and III only

Option 2: I and III only

Option 3: I and II only

Option 4: I. only

Reference no: EM132515876

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