IBM
C2010-555 · Question #85
What costing method should be used if the receipt cost of items that are the newest in stock is required?
The correct answer is A. LIFO. See the full explanation below for the reasoning.
Question
What costing method should be used if the receipt cost of items that are the newest in stock is required?
Options
- ALIFO
- BFIFO
- CAverage
- DStandard
How the community answered
(60 responses)- A72% (43)
- B3% (2)
- C18% (11)
- D7% (4)
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