ACC100

CIS498 Project Deliverable 3: Database and Programming Design
May 6, 2017
CIS498 “Vendor Relationships and Marketing IT’s Value ”
May 6, 2017

ACC100

  • Use the Internet to research the annual report of at least one (1) merchandising company. Determine which costing method (Last In First Out [LIFO], First In First Out [FIFO], or weighted average cost) that is used to record inventory by your selected company.
  • Identify the three (3) primary advantages and three (3) primary disadvantages of using the costing method (LIFO, FIFO, and weighted average) that is used to record inventory.
  • Provide support for your response.

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