Make an initial post regarding the Decision Ethics issue below:

"Your supervisor says she finds managing product costs easier if balance sheet reflects inventory values that closely reflect replacement cost. Which inventory costing method do you advise adopting? “As you consider this issue, keep the following scripture from Proverbs in mind. As part of your answer, thoughtfully explain how the verse helps guide our decision-making. "The one whose walk is blameless is kept safe, but the one whose ways are perverse will fall into the pit. (Proverbs 28:18)"

Answer rating: 100% (QA)

The inventory costing method that reflects costs that close to the replacement cost is FIFO which st... View the full answer