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  3. Study Set
    Strategic Cost Accounting
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    Exam 3: Inventory, Productivity, Principles, and Costing Methodologies
  5. Question
    In LIFO Method of Inventory Valuation
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In LIFO Method of Inventory Valuation

Question 22

Question 22

Multiple Choice

In LIFO method of inventory valuation?


A) Issue of stocks to production is at latest price
B) Closing stock is at latest price
C) Both (a) & (b)
D) Neither (a) nor (b)

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