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Inventory available ratio, consistency concept, document explaining check

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1. The ____________________ ratio reflects how much inventory is available in terms of days' sales

2. How do the consistency concept and the full disclosure principle affect inventory valuation?

3. A __________________________ is a document explaining the payment of a check

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The expert examines inventory available ratio, consistency concept, and documents explaining checks.

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1. Days sales in inventory - This is calculated as Inventory/Per day COGS and gives the number of days in which the inventory would be sold

2. Consistency principle states that once a company decides on a ...

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