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Specific Identification

Ayman Shaukat Accounting and Financial Management English 1 card

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  1. 1Specific IdentificationThe specific identification method, also called specific invoice inventory pricing, is a technique used to assign cost to identifiable inventory. In other words, this is a way to value inventory by allocating costs to individual goods when they are purchased and received.

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Accounting and Financial Management Flashcards on Specific Identification, created by Ayman Shaukat on 06/06/2017.
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Ayman Shaukat
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