Period of consistently rising prices

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Reference no: EM13259015

During a period of consistently rising prices, the method of inventory that will result in reporting the greatest cost of merchandise sold is:

a. fifo

b. lifo

c. average cost

d. weighted average

Reference no: EM13259015

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Period of consistently rising prices : During a period of consistently rising prices, the method of inventory that will result in reporting the greatest cost of merchandise sold is:
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