During periods of inflation which method would yield the largest ending inventory and cost of goods sold?
A) LIFO.
B) FIFO.
C) Average.
D) Specific identification.

Question

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The Answer of During periods of inflation which method would yield the largest ending inventory and cost of goods sold?
A) LIFO.
B) FIFO.
C) Average.
D) Specific identification.

During Periods of Inflation Which Method Would Yield the Largest