[Answered] The _________________________ method of inventory valuation assumes that goods purchased first are ...

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Brittanyd9008

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Posts: 500

on: Jun 24, 2018

The ___________________ ______ method of inventory valuation assumes that goods purchased first are sold or used first.
Fill in the blank(s) with correct word

Question 2

____________________ means that employees get part of the profit earned by a company.
Fill in the blank(s) with correct word

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AaaA

Sr. Member
Posts: 339

Reply #1 on: Jun 24, 2018

Answer to Question 1

FIFO

Answer to Question 2

Profit sharing

Brittanyd9008

Hero Member
Posts: 500

Reply #2 on: Jun 24, 2018

Thank you

AaaA

Sr. Member
Posts: 339

Reply #3 on: Jun 24, 2018

Happy to help you

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