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Explain accounting for inventory and cost flow assumptions. Consider a store that you have visited...

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Accounting

Explain accounting for inventory and cost flow assumptions.
Consider a store that you have visited that needs to do efficient inventory management to: keep costs down, maintain inventory for customers, and not over stock.
What tools and procedures were evident to the customer regarding inventory management?
Did the store appear to be successful in managing their inventory efficiently? Why or why not?

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