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For this next instructions, please make topic on "Inventory Identification and Valuation". Here is the instructions for the topic above:
As we are bringing to a close everything we have learned over the past several modules, share with the class at least one important hint or tip that has helped you with a difficult concept.
Also, if you could take any one piece of important information with you as you leave this class, what would it be? Why? References and or resources used.
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This Solution covers the general Concept of Inventory. Role of Inventory in the Financial Statement and also how inventory is valued. Inventory Identification is one of the most crucial factor. Classifying it at a right place helps in determining the correct valuation.
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