What are the commonly used methods for inventory evaluation ?

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One use of inventory is:
Posted by:
Wasi Rahman Sheikh
14-March-2015

Auditing Financial Accounting

Question added by Abed Hasan Abdullah Othman , general accountant , Trading company
Date Posted: 2014/08/30

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2 Answers

by Deleted user

1. FIFO

2. LIFO

3. Moving Average

4. Lower of Cost or Market Value.

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Tanveer Qureshi

by Tanveer Qureshi , Director , Qureshi Associates

Many methods used for Inventort Evaluation, which are:

LIFO

FIFO

Moving Average.

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