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LIFO is not allowed under IFRS, but is allowed under GAAP. Why do you think LIFO is not allowed under IFRS? Should it be disallowed
LIFO is not allowed under IFRS, but is allowed under GAAP. Why do you think LIFO is not allowed under IFRS? Should it be disallowed under GAAP as well? Why or why not?
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Core Concepts of Accounting Information Systems
Authors: Mark G. Simkin, Jacob M. Rose, Carolyn S. Norman
12th edition
1118022300, 978-1118022306
