Which method results in a more realistic amount for income because it matches the most current costs
Question:
Which method results in a more realistic amount for income because it matches the most current costs against revenue?
a. FIFO
b. LIFO
c. Average cost
d. Specific identification
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Related Book For 
Cornerstones Of Financial Accounting Current Trends Update
ISBN: 9781111527952
1st Edition
Authors: Jay Rich , Jeff Jones, Maryanne Mowen , Don Hansen
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