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Question

Question 3 (1 point)

Inventory is accounted for using

one of three methods:

FIFO, LIFO and WAC

© FEFO, LIFO and WEC

• BRE, PRE, or DED

Answer

FIFO, LIFO and WAC

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Inventory is accounted for using one of three methods: FIFO (First In, First Out), LIFO (Last In, First Out),...