
mindfulmaisel
The ‘inventory method’ where the ‘price flows tend’ to follow the physical flow is FIFO.
Explanation:
The complete form of FIFO is First in initially out. In FIFO the strategy of inventory complies with the process where the cost flow adheres to the physical flow of the products. This is a simple technique for business organizations because businesses dealing in perishable goods favor the FIFO strategy because the ‘costs of the goods’ purchased are the prices that are charged to ‘price of goods’ marketed once the company sells the items. This procedure helps in evaluating the ‘profit or loss’ at the finish of the year because inventory worth in the balance sheet matches the existing sector price of the cshedding stock.Find Out even more around inventory method
Which inventory techniques can you pick in peachtree
brainly.in/question/3479204
0 votes Thanks 0
prashn sujhaen
Ritij7591in 3 hours | 0 javaab
For an advertiser concentrated on branding, what are the essential success metrics?...
You are watching: The inventory method where the cost flows tend to follow the physical flow is
dsharma08052002in 3 hrs | 0 javaab
outside sources of recruitment are taken into consideration to be better than inner source...
yashsarkarthegreatin 3 hrs | 0 javaab
criticism of palampur village
shloksoni21in 3 hours | 0 javaab
19120DatePage03situation studiesin which categiry of sector did sarthak endeavor int...
ranazahid9869in 3 hours | 0 javaab
inventory of cars for sale at an automobile dealer a continuous qualitative ae1889282ab05a01b456fb03c0cd39520 93732
divya7508in 3 hrs | 0 javaab
humale resources are an organisations biggest ascollection despite all advance in t...
Tejal9228in 3 hours | 0 javaab
Relevence of impression managemenet in an organisation...
kushaldeepsingh414in 3 hrs | 0 javaab
c9d293de2af6ab111adadbe2821146e0
julengmarcuzin 3 hours | 0 javaab
(c) Do you assess the need for any kind of training of the employees? If yes, what input...
See more: Why Did Bran Wake Up When Lady Died, Is Bran Stark Played By The Same Actor
gyash9022in 3 hrs | 0 javaab
Who elects the board of directors? A) employees B) debenture holder C) sharehost...
×Report "The inventory technique wbelow the expense flows tend to follow the physical flow is..."
Your name
Description
CloseSend