Question
Which of the following would not be affected by the choice of an inventory costing method (FIFO, LIFO, weighted average)? a) Cost of goods sold
Which of the following would not be affected by the choice of an inventory costing method (FIFO, LIFO, weighted average)?
a) Cost of goods sold
b) Gross profit
c) Sales revenue
d) Net income
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
