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    Financial Accounting Study Set 1
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    Exam 7: Inventory and Cost of Goods Sold
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    If a Company Uses LIFO to Prepare Its U
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If a Company Uses LIFO to Prepare Its U

Question 159

Question 159

True/False

If a company uses LIFO to prepare its U.S.tax return,then it must use LIFO to prepare its financial statements.

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