Question: The FIFO method assumes that: Multiple Choice the first units purchased are the first ones soid. the last units purchased are the first ones sold.

The FIFO method assumes that:
Multiple Choice
the first units purchased are the first ones soid.
the last units purchased are the first ones sold.
each unit of invertory can be matched with its actual cost.
the cost of goods sold comsists of a random misture of al goods available for sale.
The FIFO method assumes that: Multiple Choice the

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