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Question 14 (1 point) If prices are following, the FIFO method of inventory valuation result in the lower value of closing stock. True False Question
Question 14 (1 point) If prices are following, the FIFO method of inventory valuation result in the lower value of closing stock. True False Question 15 (1 point) Which accounting principle requires that a company use the same accounting methods period after period a b Business entity principle Revenue Recognition Principle consistency principle Lower of cost and net realizable value principle d
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