Asked by sara
13. A drawback to using _______ when inventory costs are rising is that the company reports lower net
income.
A. LIFO
B. FIFO
C. specific-identification costing
D. average costing
14. The balance sheet format that lists assets
income.
A. LIFO
B. FIFO
C. specific-identification costing
D. average costing
14. The balance sheet format that lists assets
Answers
Answered by
John
Lifo
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