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When LIFO is used with the periodic inventory system, cost of goods sold is assigned costs from the most recent purchases at the point of
When LIFO is used with the periodic inventory system, cost of goods sold is assigned costs from the most recent purchases at the point of each sle rather than from the most recent purchases for the period.
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Advanced Project Management A Structured Approach
Authors: Frederick Harrison, Dennis Lock
4th Edition
1138270636, 978-1138270633
