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What are the commonly used methods for inventory evaluation ?

Auditing Financial Accounting
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Question added by Abed Othman , Financial Administrative Assistant , United Nations International for immigration
Date Posted: 2014/08/30
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Deleted user
by Deleted user

1. FIFO

2. LIFO

3. Moving Average

4. Lower of Cost or Market Value.

Tanveer Qureshi
by Tanveer Qureshi , Director , Qureshi Associates

Many methods used for Inventort Evaluation, which are:

 

LIFO

FIFO

Moving Average.

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