method is based on the assumption that the recently purchased-13274
__________ method is based on the assumption that the recently purchased merchandise is issued first.
This multiple choice question (MCQ) is related to the book/course
vu mgt101 Financial Accounting.
It can also be found in
vu mgt101 Lecture No.16 - Quiz No.1.
__________ method is based on the assumption that the recently purchased merchandise is issued first.
First in first out (FIFO)
Valuation of Stock
Last in first out (LIFO)
Weighted average
