Which Inventory Valuation Model Serves as a Middle-Of-The-Road Approach for Taxes

question 11

Multiple Choice

Which inventory valuation model serves as a middle-of-the-road approach for taxes and net profit?

• A)Last-in,first-out
• B)First-in,first-out
• C)Specific unit cost
• D)Average cost

---

Definitions:

Franchiser

The company that sells a franchise.