question archive Which inventory costing method will produce an amount for cost of goods sold that is closest to current market value? Weighted average
Which inventory costing method will produce an amount for cost of goods sold that is closest to current market value? Weighted average
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Which inventory costing method will produce an amount for cost of goods sold that is closest to current market value?
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- Weighted average.
- Specific identification.
- LIFO.
- FIFO.
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Answer:
C ) LIFO .
