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August 5, 2015

Homework Help: accounting

Posted by sara on Tuesday, March 12, 2013 at 5:58am.

13. A drawback to using _______ when inventory costs are rising is that the company reports lower net
income.
A. LIFO
B. FIFO
C. specific-identification costing
D. average costing
14. The balance sheet format that lists assets

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