Match each description to the appropriate cost flow assumption (a-c).
-Rarely used with a perpetual inventory system
A)FIFO
B)LIFO
C)Weighted average

Name: Match each description to the appropriate cost flow assumption (a-c). -Rarely used with a perpetual inventory system A)FIFO B)LIFO C)Weighted average
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Weighted average is rarely used with a perpetual inventory system because it requires the calculation of a weighted average cost for each item in inventory, which can be time-consuming and complex.

Match Each Description to the Appropriate Cost Flow Assumption (A-C)