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The current cost method of financial reporting takes inflation into account and has the greatest impact on:

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The current cost method of financial reporting takes inflation into account and has the greatest impact on:

 Options:

A. the valuation of accounts receivable and marketable securities
B. inventory and plant and equipment
C. current assets
D. the determination of dividend policy

 

The Correct Answer Is:

  • B. inventory and plant and equipment

 

Conclusion

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