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Inventory Explained

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Inventory Explained

In the lesson, we look at Inventory. We explain what inventory is, how to identify if an asset is an inventory, methods of determining the cost of inventory, inventory systems, and the disclosure of inventories in the financial statements. Timestamps: The definition of inventory (What is inventory): 00:00 Classification of inventory: 01:28 Cost ...

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Lecture 05 - Simulation examples

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