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Question
the acme medical equipment company has used the last-in first-out (lifo) inventory method for the fifteen years they have existed. acmes operation has grown substantially, and the ceo believes that the company should now use the first-in first-out (fifo) inventory method for this coming year-end. would this action meet the requirements for consistency?
a. yes
b. no
c. not applicable
d. dont know
Answer
This answer is hidden. It contains 1 characters.
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