Question: 2-a. Which method, FIFO or weighted-average cost, is preferable in terms of net earnings? multiple choice 1 FIFO Weighted-average cost 2-b. Which method, FIFO or

2-a. Which method, FIFO or weighted-average cost, is preferable in terms of net earnings?

multiple choice 1

  • FIFO

  • Weighted-average cost

2-b. Which method, FIFO or weighted-average cost, is preferable in terms of cash flow?

multiple choice 2

  • FIFO

  • Weighted-average cost

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