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Question 9 2 pts Which of the following would be important considerations when choosing between between FIFO and LIFO inventory methods? Select all that apply.

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Question 9 2 pts Which of the following would be important considerations when choosing between between FIFO and LIFO inventory methods? Select all that apply. Price levels rising or falling High or low ending inventory amounts Impact on tax liabilities Impact on reported net income Question 10 2 pts Weighted average is considered to be a Periodic inventory method a Gross Profit inventory method an Inventory Estimation method a Perpetual inventory method

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