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Match the items below with their description. Tracks the actual physical flow for each inventory...

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Accounting

Match the items below with their description.
Tracks the actual physical flow for each inventory item available for sale.
Cost of goods sold consists of the most recent inventory purchases.
Ending inventory valuation consists of the most recen inventory purchases.
The same unit cost is used to value ending inventory and cost of goods sold.
Net amount that a company expects to receive from the sale of inventory.
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