QuickBooks Desktop Uses ________To Value the Inventory

question 25

Multiple Choice

QuickBooks Desktop uses ________to value the inventory.

• A)LIFO
• B)FIFO
• C)the gross profit method
• D)the average cost method

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Definitions:

Constitution

The system of fundamental principles or established precedents according to which a state or other organization is governed.

Privacy Rights

The rights of individuals to have their personal information, activities, and communications kept confidential and protected from unauthorized access or disclosure.

Supreme Court

The highest judicial court in a country or state, which has the ultimate authority in interpreting the law and constitution.

Workers' Compensation Claim

A legal action filed by employees to receive benefits for injuries or illnesses directly related to their job.