Examveda
Examveda

An inventory recording in balance sheet includes

A. First in first out

B. Last in first out

C. last in last out

D. Both A and B

Answer: Option D

Solution(By Examveda Team)

An inventory recording in balance sheet includes First in first out and Last in first out.

This Question Belongs to Commerce >> Financial Management

Join The Discussion

Related Questions on Financial Management

Investment is the _______________.

A. net additions made to the nation’s capital stocks

B. person’s commitment to buy a flat or house

C. employment of funds on assets to earn returns

D. employment of funds on goods and services that are used in production process