Question
Which, if any, of the following cost flow assumptions is NOT affected by the inventory control method employed, i.e. periodic or perpetual? Select one: a.
Which, if any, of the following cost flow assumptions is NOT affected by the inventory control method employed, i.e. periodic or perpetual?
Select one:
a. LIFO
b. FIFO
c. weighted average cost
d. none of the above is affected
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Management Information Systems Managing the digital Firm
Authors: Kenneth C. Laudon, Carol Guercio Traver
14th edition
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