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FIFO perpetual and FIFO periodic inventory methods will: O Always give a higher ending inventory using FIFO periodic than in FIFO perpetual. O Not be

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FIFO perpetual and FIFO periodic inventory methods will: O Always give a higher ending inventory using FIFO periodic than in FIFO perpetual. O Not be used by most companies. O Always give a lower ending inventory using FIFO periodic than in FIFO perpetual. O Always give the same result for ending inventory and the cost of goods sold

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