Are there any requirements for which cost flow assumption is selected for use by a company?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter2: Building Blocks Of Managerial Accounting
Section: Chapter Questions
Problem 11Q: Explain the components of the total cost equation and describe how each of the components can be...
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Are there any requirements for which cost flow assumption is selected for use by a company?

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