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IFRS accounting for inventory (IAS 2) does not permit which of the following cost flow assumptions? Multiple Choice Specific identification. FIFO. Weighted average. LIFO.

IFRS accounting for inventory (IAS 2) does not permit which of the following cost flow assumptions?

Multiple Choice

  • Specific identification.

  • FIFO.

  • Weighted average.

  • LIFO.

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