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During a period of decreasing inventory costs (i.e., assume a period of deflation), which inventory costing method will show cost of goods sold on the

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During a period of decreasing inventory costs (i.e., assume a period of deflation), which inventory costing method will show cost of goods sold on the income statement at the most current acquisition costs? FIFO LIFO weighted average all methods will show the same amount of cost of goods sold

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