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    Financial Accounting Study Set 5
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    Exam 7: Inventories
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    Which Inventory Method Generally Results in the Most Realistic Ending
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Which Inventory Method Generally Results in the Most Realistic Ending

Question 96

Question 96

Multiple Choice

Which inventory method generally results in the most realistic ending inventory figure?


A) FIFO
B) Whichever method produces the highest ending inventory figure
C) LIFO
D) Average-cost

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