The difference between ending inventory using LIFO and ending inventory using FIFO is referred to as
The difference between ending inventory using LIFO and ending inventory using FIFO is referred to as LIFO reserve.
Question
Updated 7/15/2016 3:54:36 PM
Flagged by emdjay23 [7/15/2016 2:38:46 PM], Edited by Andrew. [7/15/2016 3:54:35 PM], Unflagged by Andrew. [7/15/2016 3:54:36 PM]
Rating
3
The difference between ending inventory using LIFO and ending inventory using FIFO is referred to as LIFO reserve.
Confirmed by Andrew. [7/15/2016 3:54:37 PM]

27,089,869
*
Get answers from Weegy and a team of really smart live experts.
Popular Conversations
(5 + 4 – 2) × (–2) = ? User: Simplify 12 - (-8) × 4 = ? User: ...
Weegy: (3n – 2m)^2 = (3n - 2m)(3n - 2m) = 9n^2 - 6mn - 6mn + 4m^2 = 9n^2 - 12mn + 4m^2 = 4m^2 - 12mn + 9n^2 User: ...
Which of the following is an example of an improper fraction? ...
Weegy: 3 3/5 as an improper fraction is 18/5. User: How are unlike fractions identified? A. The numerators ...
Evaluate 3! + 4!.
Weegy: 4! = 4 x 3 x 2 x 1 = 24. [smile]
Descriptive language includes all of the following except A. ...
Weegy: Descriptive language includes all of the following except metaphors.
the product of two irrational number is .
Weegy: Integers are NEVER irrational numbers. User: a number that CANNOT be written as a ratio of two integers, which ...
S
L
P
Points 189 [Total 389] Ratings 0 Comments 189 Invitations 0 Offline
S
L
Points 138 [Total 138] Ratings 0 Comments 98 Invitations 4 Offline
S
L
R
P
R
Points 114 [Total 437] Ratings 0 Comments 4 Invitations 11 Offline
S
R
L
R
P
R
P
R
R
Points 88 [Total 822] Ratings 0 Comments 8 Invitations 8 Offline
S
Points 49 [Total 49] Ratings 1 Comments 39 Invitations 0 Offline
S
Points 11 [Total 11] Ratings 1 Comments 1 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 0 Comments 0 Invitations 1 Offline
S
Points 3 [Total 3] Ratings 0 Comments 3 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.