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"under which method of inventory cost flows is the cost flow assumed to be in the reverse order in which the expenditures were made?"

"under which method of inventory cost flows is the cost flow assumed to be in the reverse order in which the expenditures were made?"
asked 94.9k views
4 votes
"under which method of inventory cost flows is the cost flow assumed to be in the reverse order in which the expenditures were made?"

asked
User Dmitry Karpezo
by
7.7k points

1 Answer

3 votes
Your answer would be, Last-in, first-out
answered
User Bryan Elliott
by
7.8k points
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