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F. Naz
F. Naz, Bachelor's Degree
Category: Business and Finance Homework
Satisfied Customers: 5241
Experience:  Have completed B.COM and CA Finalist
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One of the primary differences between U.S. GAAP and international

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One of the primary differences between U.S. GAAP and international accounting standards is that the use of LIFO is permitted for U.S. companies. How does LIFO affect a company’s financial results? In your opinion, should LIFO be a permitted inventory costing method? Why might companies that currently use LIFO oppose its elimination? Support your conclusions with research. I need this contentiously answered asap. will provide a bonus incentive. Thanks!!
Submitted: 3 years ago.
Category: Business and Finance Homework
Expert:  F. Naz replied 3 years ago.
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