external reporting

Navas 27 April 2020 at 12:57 PM

Question 11 In a period of rising prices, which one of the following inventory methods usually provides
the best matching of expenses against revenues?
A) Specific identification
B) Last-in, first-out
C) First-in, first-out
D) Weighted average

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FACULTY 18 May 2020 at 05:49 PM

Last-in, first-out(option B)

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