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Which of these is not method of stock valuation?

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Accounts - Principles of Accounts JAMB 2023

Which of these is not method of stock valuation?

  • FIFO method
  • Base method
  • Standard method checkmark
  • LIFO method

The correct answer is: 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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