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    Accounting Study Set 1
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    Exam 19: Inventories
  5. Question
    Under IAS 2/AASB 102 the Costing Method That Is Not
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Under IAS 2/AASB 102 the Costing Method That Is Not

Question 3

Question 3

Multiple Choice

Under IAS 2/AASB 102 the costing method that is not permitted is:


A) Specific identification
B) FIFO
C) Weighted/moving average
D) LIFO

Correct Answer:

verifed

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