Acceptable inventory cost flow assumptions in Canada include
A) FIF
B) Specific identification.
C) Weighted-average method
D) FIFO and specific identification
E) All of the above

Question

Quizplus · Accepted Answer

All of the choices listed (FIFO, Specific Identification, and Weighted-average method) are acceptable inventory cost flow assumptions in Canada, making "All of the above" the correct answer.

Acceptable Inventory Cost Flow Assumptions in Canada Include