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There is really only one reason that a company would use LIFO to account for its inventory. There are several disadvantages to using LIFO. a.
There is really only one reason that a company would use LIFO to account for its inventory. There are several disadvantages to using LIFO. a. What is the one reason to use LIFO? b. What are the major disadvantages to using LIFO
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Financial Accounting Theory
Authors: Craig Deegan
2nd Edition
0077126734, 978-0077126735
