Discuss the difference between the Cost, Financial and Management Accounting. 2. Prepare a statement showing the pricing of issues, on the basis of (a) First In First Out (FIFO) (b) Simple Average and 2018 March 1 Purchased 450 units @ OMR 5 each 2 Purchased 340 units @ OMR 5.2 each. 5 Issued 450 units to Job X vide MR No.12 7 Purchased 200 units @ OMR 5.50 each Purchased 400 units @ OMR 5.80 each 13 Issued 400 units to Job Y vide MR No.15 18 Issued 250 units to Job Z vide MR No 17 Purchased 300 units @ OMR 5.60 each Issued 150 units to Job K vide MR No.25 3. Critically analysis the difference between LIFO and FIFO |

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