Which of the Following Is Not a Guideline When Choosing

Which of the following is not a guideline when choosing between whether to use FIFO or the average cost method?

A) Use the same cost formula for all inventories of a similar nature and use.
B) Select the cost formula that best matches costs and revenues.
C) Report an inventory cost on the statement of financial position that is close to the inventory's recent cost.
D) Choose a cost formula that corresponds as closely as possible to the physical flow of goods.