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LIFO
FIFO
accuracy
The inventory costing method that reflects the cost flow in the reverse order and will report the earliest costs in ending inventory is last in first out. This makes use of a perpetual inventory system.
LIFO - Last In First Out
LIFO
LIFO
LIFO
FIFO
First in first out
The selection of an inventory costing method has no significant impact on the financial statements. true or false
accuracy
The inventory costing method that reflects the cost flow in the reverse order and will report the earliest costs in ending inventory is last in first out. This makes use of a perpetual inventory system.
LIFO - Last In First Out
LIFO - Last In First Out
FIFO
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