Question: Determine whether the following statement is true or false. Perishable goods normally have a physical flow of FIFO and therefore must be accounted for using

Determine whether the following statement is true or false.

Perishable goods normally have a physical flow of FIFO and therefore must be accounted for using the FIFO inventory cost flow assumption.

Group of answer choices

-True

-False

(I dont need an explanation)

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