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<p>A. FIFO Method</p> <p>B. LIFO Method</p> <p>C. Weighted Average Cost Method</p> <p>D. All are permissible</p>
B.LIFO. Because if we use this method of pricing ,last consignment value has to adopt even for the outdated stock which the organization carrying in their inventory.
That's why IFRS do not recommend LIFO.
Regards,
Joshi Mathew
CIA #1036906