Fifo inventory method and lifo inventory method

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Reference no: EM132090332

1. Why are shipping terms such as FOB shipping point or FOB destination point important in deciding ownership of inventory at the end of the year?

2. Identify and briefly discuss one recommendation that should be followed when using a corporate blog for branding, marketing, or public relations purposes.

3. What is the difference between the FIFO inventory method and the LIFO inventory method? How does a business determine which method to use?

Reference no: EM132090332

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