Multiple Choice
Which of the following changes in inventory costing usually should not be reported by revising the financial statements of prior periods?
A) The weighted-average method to the LIFO method.
B) The weighted-average method to the FIFO method.
C) FIFO method to the weighted-average method.
D) LIFO method to the weighted-average method.
Correct Answer:

Verified
Correct Answer:
Verified
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