Question
If A company reports in its financial statements that it uses the FIFO method of inventory costing. This is an example of the disclosure principle.
If A company reports in its financial statements that it uses the FIFO method of inventory costing. This is an example of the disclosure principle.
True or false
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Principles Of Financial Accounting
Authors: Jerry J. Weygandt, Lorena Mitrione, Michaela Rankin, Keryn Chalmers, Paul D. Kimmel
3rd Edition
0730302296, 978-0730302292
