Solved

Which of the Following Methods Is Appropriate for a Business

Question 56

Multiple Choice

Which of the following methods is appropriate for a business whose inventory consists of a relatively small number of unique, high-cost items?


A) FIFO
B) LIFO
C) average
D) specific identification

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions