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H3Ko H3Ko
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8 years ago
Changing from the LIFO (Last-In, First-Out) to the specific identification method of valuing inventory ignores the principle of ________.
A) conservatism
B) disclosure
C) materiality
D) consistency
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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Mrgo-breedMrgo-breed
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8 years ago
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H3Ko Author
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#2
8 years ago
I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
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#3
8 years ago
Excellent Slight Smile
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