Inventory Flashcards by jacobswain jacobswain

Q

When to not use LIFO

A

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Inventory Turnover

A

COGS ÷ Average Inventory

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Advantages / Disadvantages of LIFO

A

How well did you know this?

1

Not at all

2

3

4

5

Perfectly