Question: When inventory costs are increasing: Select one:a . FIFO and weighted average method give the same results for cost of goods soldb. FIFO results in
When inventory costs are increasing:
Select one:a FIFO and weighted average method give the same results for cost of goods soldb. FIFO results in higher cost of goods sold than the weighted average methodc. FIFO results in lower cost of goods sold than the weighted average methodd. Weighted average method will improve cash flow moreso than FIFO
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