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Inventory method which result in the same amount of COGS and inventory measurement regardless of inventory system used is:

A-FIFO 

B- LIFO 

C- weighted average 

D- Either FIFO or LIFO 

Accounting Cost Accounting Financial Accounting CMA Costing
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Question added by Ahmed kandil , Cost Controller , Battour Holding Cpompany
Date Posted: 2015/03/13
Upvote (0) Views (9) Followers (5) Answers (6) Report Question
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Donny David Chandy
by Donny David Chandy , Operations Manager , Magus International

C for sure is correct answer

Badaruddin Adhoni Adhoni
by Badaruddin Adhoni Adhoni , Key Accounts officer - Equipment Rental Division , Doha Group Transport Co

C is correct answer.................................................

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Answer option >>>>>>>>>>>>>>  C- weighted average

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

C->>>>>>>>>>>>>> weighted average

Mohamed Adel
by Mohamed Adel , Group Financial Manager , Alahly Sabbour real-estate Developments

C- weighted average ....................

Ahmed kandil
by Ahmed kandil , Cost Controller , Battour Holding Cpompany

Answer ( C ) is the correct answer Thank you

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