QuickBooks Desktop uses ________to value the inventory.
A)LIFO
B)FIFO
C)the gross profit method
D)the average cost method

Name: QuickBooks Desktop uses ________to value the inventory. A)LIFO B)FIFO C)the gross profit method D)the average cost method
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Question

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QuickBooks Desktop uses the average cost method to value inventory, which calculates the cost of inventory based on the average cost of all similar items in stock, regardless of purchase date.

QuickBooks Desktop Uses ________To Value the Inventory