external reporting

Navas 27 April 2020 at 13:00 PM

Question 12 In periods of rising costs, which one of the following inventory cash flow assumptions will
result in higher cost of sales?
A) Moving average
B) Weighted average
C) Last-in, first-out
D) First-in, first-out

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FACULTY 18 May 2020 at 06:06 PM

Last-in, first-out(option C)

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