walaa23
walaa23 walaa23
  • 20-03-2022
  • Business
contestada

FIFO can be used by corporation only.

Select one:
True
False

Respuesta :

mikhaeldonbosco
mikhaeldonbosco mikhaeldonbosco
  • 20-03-2022

Answer:

True

Explanation:

Using the FIFO costing method will always produce the same results whether a company uses perpetual or periodic inventory.

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