Which of the following is not a common characteristic of a company choosing to use LIFO rather than FIFO?
A)Higher cost of goods sold
B)Higher variability in inventory balances
C)Greater expected tax savings
D)Larger in size

Question

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The Answer of Which of the following is not a common characteristic of a company choosing to use LIFO rather than FIFO?
A)Higher cost of goods sold
B)Higher variability in inventory balances
C)Greater expected tax savings
D)Larger in size

Which of the Following Is Not a Common Characteristic of a Company