The inventory valuation method that has the advantages of assigning an amount to inventory on the balance sheet that approximates its current cost, and also mimics the actual flow of goods for most businesses is:
a) fifo.
b) weighted average.
c) lifo.
d) specific identification.
e) lower of cost or market.
Answers: 2
Business, 27.06.2019 21:50, cyndy50
Answers: 1
Business, 26.08.2019 16:30, nerd58
Answers: 1
Business, 24.10.2019 02:50, MadBrain
Answers: 3
The inventory valuation method that has the advantages of assigning an amount to inventory on the ba...
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