Question: Some companies prefer to use the inventory accounting method because it provides a higher cost of goods sold value and a lower inventory value during

Some companies prefer to use the
inventory accounting method because it provides a
higher cost of goods sold value and a lower inventory value during periods of rising prices.
specific identification
last-in, first out (LIFO)
first-in, first-out (FIFO)
weighted average
Some companies prefer to use the inventory accounting method because it

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