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Tomm Tomm
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Posts: 653
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6 years ago
FIFO tends to decrease cost of goods sold when:
A) costs are constant
B) costs are decreasing
C) costs are increasing
D) FIFO will always yield the lowest possible taxes
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
Authors:
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1 Reply
ACC 925
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AlexmosutheAlexmosuthe
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Posts: 470
6 years ago
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Brilliant
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This calls for a celebration Person Raising Both Hands in Celebration
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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