external reporting

Navas 27 April 2020 at 15:51 PM

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 06:34 PM

Last-in, first-out(option C)

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