Question: When changing from the average cost method to FIFO, the company. Multiple Chalce Provides a disclosure note explaining why the change to RFO is preferable.
When changing from the average cost method to FIFO, the company.
Multiple Chalce
Provides a disclosure note explaining why the change to RFO is preferable.
Revises comparative financial statements.
would have been using FFFO.
Al of the other answer chaices are correct.
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