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Home Q & A Board Other Fields Homework Help Business Accounting
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bravata bravata
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7 years ago
A method of valuing inventory based on the assumption that the oldest goods will be sold first is called the:
A) LIFO method.
B) average cost method.
C) specific cost method.
D) FIFO method.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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largerthanlifelargerthanlife
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7 years ago
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bravata Author
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#2
6 years ago
Thank you so much

I wish I knew about this years ago
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