Question: FIFO tends to decrease cost of goods sold when: Select one: O a. costs are constant O b. costs are increasing O c. costs are

FIFO tends to decrease cost of goods sold when: Select one:

FIFO tends to decrease cost of goods sold when: Select one: O a. costs are constant O b. costs are increasing O c. costs are decreasing O d. FIFO will always yield the lowest possible cost of goods sold

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