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5. Which of the following inventory valuation methods commonly NOT allowed under IAS 2 (Inventories): A. LIFO. B. FIFO C. Weighted Average D. Retail inventory

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5. Which of the following inventory valuation methods commonly NOT allowed under IAS 2 (Inventories): A. LIFO. B. FIFO C. Weighted Average D. Retail inventory method 6. the harmonization refers to: A. increased agreement in accounting rules. B. elimination of accounting practices. C. increased investor D. increased cost of capital

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