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In Advanced Inventory, which of the following statements about FIFO costing is true? AFIFO costing has an effect on physical on - hand quantities BThe

In Advanced Inventory, which of the following statements about FIFO costing is true?
AFIFO costing has an effect on physical on-hand quantities
BThe best time to turn on FIFO costing is in the middle of a month
CQuickBooks will not let you change the FIFO date once you have enabled it
DIn a period of rising inventory costs, disabling FIFO Costing will have an effect on historical financial statements

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