Changing from the LIFO (Last-In, First-Out) to the specific identification method of valuing inventory ignores the principle of ________

A) conservatism
B) consistency
C) disclosure
D) materiality

B

Business

You might also like to view...

A state i is an absorbing state if pii = 0

a. True b. False Indicate whether the statement is true or false

Business

_____ teams are fundamental to Six Sigma

a. Virtual b. Leadership c. Project d. Natural work

Business