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FIFO and LIFO used to value the cost of goods sold and ending inventory, In general, LIFO accounting is not recommended, do you know why?

Inventory Management
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Question added by Elmardi Elmaki , production leader , KSA
Date Posted: 2016/09/05
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Hossam El Din Ali El Waaey
by Hossam El Din Ali El Waaey , Business Analyst , Saudi Telecom Company - STC

This might lead to the expiry of the goods which entered firstly. 

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