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Exam (elaborations)
INTERMEDIATE ACCOUNTING 17TH EDITION KIESO TEST BANK NEWEST VERSION 2025
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---69October 20252025/2026A+
- MULTIPLE CHOICE—Conceptual (cont.) 
 
Answer	No.	Description 
a	S81.	Identifying advantages of LIFO. 
d	82.	LIFO for tax purposes and external reporting. 
c	83.	LIFO advantages. 
P These questions also appear in the Problem-Solving Survival Guide. 
S These questions also appear in the Study Guide. 
 
 
	MULTIPLE CHOICE—Computational 
Answer	No.	Description 
c	84.	Classification of inventory. 
c	85.	Classification of inventory. 
d	86.	Perpetual inventory method. 
d	87.	Perpetual inventory met...
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