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Assuming an inflationary environment where costs are always increasing, which cost flow assumption gives you the highest COGS(cost of goods sold)? (answer choices) A. Both
Assuming an inflationary environment where costs are always increasing, which cost flow assumption gives you the highest COGS(cost of goods sold)? (answer choices)
A. Both FIFO and LIFO
B. Weighted Average
C. FIFO
D. LIFO
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