Which of the following methods of inventory valuation results in lower valuation of inventory and low income when inflation is on the rise?
| A. | LTFO |
| B. | FIFO |
| C. | Simple average method |
| D. | Weighted average method |
Answer : C Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
