Accounting · Cost Accounting
In a period of rising prices, which inventory valuation method results in the highest closing inventory value?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Standard Costing
- 2AVCO
- 3LIFO
- 4FIFO✓
Correct answer
FIFO
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Accounting?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Cost Accounting MCQs →Want more practice questions on Cost Accounting?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Accounting · Cost Accounting