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The inventory method yielding the same inventory measurement and cost of goods sold whether a perpetual or periodic system is used is:

A. Average cost.

B. First-in, first-out.

C. Last-in, first-out.

D. Either first-in, first-out or last-in, first-out.

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Question added by Deleted user
Date Posted: 2015/02/22

No option (b) ...........................

Ahmed Abdi Mahad
by Ahmed Abdi Mahad , Director of Internal Auditing Directorate , Jigjiga University

Choice B, FIFO is the answer for this question

Racquel Christine Perocho
by Racquel Christine Perocho , Accountant , KTC International LLC

FIFO Method (First In, First Out)

FITAH MOHAMED
by FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

B..>>>>>>>>>>>>>> First-in, first-out.

حسين محمد ياسين
by حسين محمد ياسين , Finance Manager , مؤسسة عبد الماجد محمد العمر للمقاولات العامة

agree with answers >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

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