Under international accounting standards,which of the following methods of inventory costing is not acceptable?

Name: Under international accounting standards,which of the following methods of inventory costing is not acceptable?
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Under international accounting standards, LIFO (last in, first out) method of inventory costing is not acceptable. It is prohibited because it does not reflect the actual flow of inventory and can result in manipulation of profits through inventory management.

Under International Accounting Standards,which of the Following Methods of Inventory