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There are so many inventory choices to make: what system to use, what costing method, what flow method, etc. For this discussion, compare two methods
There are so many inventory choices to make: what system to use, what costing method, what flow method, etc. For this discussion, compare two methods and explain why they are different and whether or not they will end up with the same amount of net income. In your comparison, you should include the system ie periodic or perpetual the costing method FIFO LIFO, etc. and anything else you think relevant. Support your conclusions with an example.
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