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    Accounting Study Set 4
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    Exam 7: Inventories
  5. Question
    Match Each Description to the Appropriate Cost Flow Assumption (A-C)
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Match Each Description to the Appropriate Cost Flow Assumption (A-C)

Question 6

Question 6

Multiple Choice

Match each description to the appropriate cost flow assumption (a-c) .
-Produces the highest ending inventory when costs are increasing


A) FIFO
B) LIFO
C) Weighted average

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