Question: Question 3 ( Mandatory ) ( 3 points ) Which of the statements is incorrect? Question 3 options: A company can use FIFO for tax

Question 3(Mandatory)(3 points)
Which of the statements is incorrect?
Question 3 options:
A company can use FIFO for tax report and LIFO for financial statements
A company can use LIFO for tax report and FIFO for financial statements.
A company can use FIFO for tax report and FIFO for financial statements.
A company can use LIFO for tax report and LIFO for financial statements.

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