hljcdb2635 hljcdb2635
  • 02-07-2020
  • Business
contestada

If the unit price of inventory is increasing during a period, a company using the LIFO inventory method will show less gross profit for the period, than if it had used the FIFO inventory method.

a. True
b. False

Respuesta :

Ahmed1768
Ahmed1768 Ahmed1768
  • 02-07-2020

A) I think the answer should be True

Answer Link

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