Accountancy, asked by anoopsingh2778, 1 year ago

which inventory costing method is allowed under gaap but not ifrs

Answers

Answered by MiSSiLLuSioN
0
Hi there ^_^

《 ANSWER 》

Under GAAP, either LIFO or first-in, first-out (FIFO) inventory estimates can be used.

Hope it helps you out ^_^
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