external reporting

Navas 27 April 2020 at 13:01 PM

Question 13 The inventory method that will yield the same inventory value and cost of goods sold
whether a perpetual or periodic system is used is
A) Either first-in, first-out or last-in, first-out.
B) Last-in, first-out.
C) First-in, first out.
D) Average cost

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FACULTY 18 May 2020 at 06:07 PM

First-in, first out.(option C)

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