Question: Assuming falling inventory prices, which inventory cost flow assumption results in reporting the higher net income? O FIFO. O Specific identification. O None of

Assuming falling inventory prices, which inventory cost flow assumption results in reportingthe higher net income? O FIFO. O Specific identification. O None of

Assuming falling inventory prices, which inventory cost flow assumption results in reporting the higher net income? O FIFO. O Specific identification. O None of these. O Weighted average.

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