Clear my choice 13 Which of the following is not a guideline when choosing between whether to use FIFO or the average cost method? ut of estion Select one: Use the same cost formula for all inventories of a similar nature and use. O Select the cost formula that best matches costs and revenues Report an inventory cost on the statement of financial position that is close to the inventory's recent cost Choose a cost formula that corresponds as closely as possible to the physical flow of goods