Question: This is a graded discussion: 2.5 points possible Ch 6 Discussion Question due Sep 18 A survey of major US companies revealed that 77%

This is a graded discussion: 2.5 points possible Ch 6 Discussion Question

This is a graded discussion: 2.5 points possible Ch 6 Discussion Question due Sep 18 A survey of major US companies revealed that 77% of those companies used either LIFO or FIFO cost flow methods, while 19% used average cost, and only 4% used other methods. Discuss why LIFO and FIFO are popular and since computers and inventory management software are readily available, why are not more companies using specific identification? Search entries or author

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