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Which of the following statements it true? A COGS will be the same if the company uses periodic FIFO or perpetual FIFO. LIFO & FIFO
Which of the following statements it true? A COGS will be the same if the company uses periodic FIFO or perpetual FIFO. LIFO & FIFO will produce the same result for ending inventory Specific identification is always the least accurate inventory accounting method. COGS will be the same if the company uses periodic LIFO or perpetual LIFO
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