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    Fundamentals of Financial Accounting Study Set 4
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    Exam 7: Inventories and Cost of Goods Sold
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    The Inventory Costing Method That Smoothes Out Changes in Costs
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The Inventory Costing Method That Smoothes Out Changes in Costs

Question 100

Question 100

Multiple Choice

The inventory costing method that smoothes out changes in costs is


A) FIFO.
B) LIFO.
C) Weighted average.
D) Specific identification.

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