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    Intermediate Accounting Study Set 9
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    Exam 8: Valuation of Inventories: a Cost-Basis Approach
  5. Question
    Many US Companies That Have International Operations Use LIFO for U
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Many US Companies That Have International Operations Use LIFO for U

Question 33

Question 33

True/False

Many U.S. companies that have international operations use LIFO for U.S. purposes but use FIFO for their foreign subsidiaries.

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