Which method of pricing can be used satisfactorily in either rising or falling price situation?

Assessment: JAMB UTME - Principles of Accounts - 2015 Subject: Financial Accounting

Question 1 Report

Which method of pricing can be used satisfactorily in either rising or falling price situation?
Answer Details
An average method which accommodate all the prices and then divide (inform of mean) is well acceptable in either of the two situation.

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