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What is the advantage of using the Replacement Cost Method for material pricing?a)It reflects the actual purchase price.b)It simplifies inventory valuation.c)It eliminates the need for standard pricing.d)It provides a hedge against inflation.Correct answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the advantage of using the Replacement Cost Method for material pricing?a)It reflects the actual purchase price.b)It simplifies inventory valuation.c)It eliminates the need for standard pricing.d)It provides a hedge against inflation.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the advantage of using the Replacement Cost Method for material pricing?a)It reflects the actual purchase price.b)It simplifies inventory valuation.c)It eliminates the need for standard pricing.d)It provides a hedge against inflation.Correct answer is option 'D'. Can you explain this answer?.

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