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Which of these is not method of stock valuation?

Accounts - Principles of Accounts
JAMB 2023

Which of these is not method of stock valuation?

  • A. FIFO method
  • B. Base method
  • C. Standard method
  • D. LIFO method
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Correct Answer: Option C
Explanation

The methods of stock valuation are: FIFO, LIFO, Weighted Average Price Method, Simple Average Price Method, Base stock method.

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