Question: Which one is correct option when changing from a periodic inventory system to a perpetual inventory system which of the following cost flow assumption will
Which one is correct option
when changing from a periodic inventory system to a perpetual inventory system which of the following cost flow assumption will result in a different cost of goods sold expenses?
A/ LIFO
B/ BOTH FIFO & WEIGHT AVG
C/ FIFO
D/ BOTH LIFO & WEIGHT AVG
E/ NONE
F/ BOTH FIFO & LIFO
G/ WIGHT AVG
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