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a) Discuss the four Cost Flow Assumptions and how they are different. 2) Explain why the Last-In-First-Out (LIFO) method is more scrutinized by the government?

a) Discuss the four Cost Flow Assumptions and how they are different. 2) Explain why the Last-In-First-Out (LIFO) method is more scrutinized by the government? What is the circumstance you will recommend to use the LIFO method to your organization?

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