In FIFO the oldest costs will be the first costs to be removed from the balance sheet account nventory. Select one: O True O False Transportation in Freight in and Delivery Expense are all the same account. Select one: True O False Selling and distribution costs are excluded from the cost of inventories. Select one: True O False FIFO is a method o valuing Select one: a. Inventory O b. Receivales O c. Fast issue of Fast order O d. Fixed assets