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Which one of the following methods of inventory costing yields highest taxable income? A)FIFO B)LIFO C)AVCO or average cost D)Standard cost method
Which one of the following methods of inventory costing yields highest taxable income?
A)FIFO
B)LIFO
C)AVCO or average cost
D)Standard cost method
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Business Law
Authors: Henry Cheeseman
10th Edition
0134728785, 978-0134728780
