Examlex
Which of the following is NOT one of the benefits of caffeine use as an ergogenic aid?
LIFO
Last In, First Out, is an inventory valuation method assuming that goods purchased last are the first to be sold.
FIFO
First In, First Out, a method used in accounting to manage inventory and financial matters where the first items placed in inventory are the first sold or used.
Average Cost
A method of inventory valuation that calculates the cost of goods sold and ending inventory based on the weighted average cost of all goods available for sale.
First-In, First-Out
An inventory valuation method where the cost of the earliest goods purchased are the first to be recognized in determining cost of goods sold.
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