Inventory Management MCQs

In an inflationary situation, which system of inventory valuation shows higher profits

April 27, 2022

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In an inflationary situation, which system of inventory valuation shows higher profits

Q. In an inflationary situation, which system of inventory valuation shows higher profits

A. LIFO

B. FIFO

C. HIFO

D. Weighted average

Answer: FIFO

In an inflationary situation, which system of inventory valuation shows higher profits

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In an inflationary situation, which system of inventory valuation shows higher profits

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