First out method while the ceo would prefer first in

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In a period of increasing prices, why would the company tax accountant prefer the last in, first out method while the CEO would prefer first in, first out? Why is this important?

Reference no: EM13683277

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First out method while the ceo would prefer first in : In a period of increasing prices, why would the company tax accountant prefer the last in, first out method while the CEO would prefer first in, first out? Why is this important?

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