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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
In order to pay the least income tax possible in periods of rising inventory costs, the company should use which of the following inventory costing methods?
A) FIFO
B) LIFO
C) Average cost
D) Specific identification
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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antonio_johnantonio_john
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7 years ago
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Massachusetts Institute of Technology
-- Accounting

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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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