In periods of rising prices, the inventory valuation procedure that results in the highest ending inventory value is

Name: In periods of rising prices, the inventory valuation procedure that results in the highest ending inventory value is
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Quizplus · Accepted Answer

The FIFO (First-In, First-Out) method results in the highest ending inventory value during periods of rising prices because it assumes that the oldest, and typically lower cost, items are sold first, leaving the newer, higher cost items in inventory.

In Periods of Rising Prices, the Inventory Valuation Procedure That