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Which of the following inventory methods will always produce the same results under both a periodic and a perpetual system?

Answers:

• FIFO

• LIFO

• Average

• All of these

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Question added by abdelaziz allam , محاسب اول , شركة كامبردج مصر للاستثمار التعليمي ش.م.م
Date Posted: 2016/02/10
حسين محمد ياسين
by حسين محمد ياسين , Finance Manager , مؤسسة عبد الماجد محمد العمر للمقاولات العامة

FIFO ..............,,,,,,,,,,,,............................

suad السعادة
by suad السعادة , مسؤولة , Targa de L'impression et la publicité

fifo it' s the good answer

manseer muhammed ali
by manseer muhammed ali , Accountant General , Royal Lighting L.L.C & Royal Furnishing LLC

i go ahead with the Option a. FIFO as it is the only inventory methods that will always produce the same results under both a periodic and a perpetual system

Mahmoud Hamid
by Mahmoud Hamid , Finance Manager , Experts

FIFO (First In First Out) inventory valuaiton method will have the same result under both periodic and perpetual systems

Anas Touqan
by Anas Touqan , مدير قسم المحاسبة , شركة التكامل الغذائي للتجارة والتسويق

All of these ,,,,,,,,,,,,,,,,,,,,,,,,