LIFO method of pricing of materials is more suitable when ______.
A. material prices are rising.
B. material prices are falling.
C. material prices are constant.
D. material prices are fluctuating.
Answer:A
LIFO method of pricing of materials is more suitable when ______.
A. material prices are rising. B. material prices are falling. C. material prices are constant. D. material prices are fluctuating.