Why would an organization switch from the fifo to lifo, Accounting Basics

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Why would an organization switch from the fifo to lifo

Question: Why would an organization switch from the FIFO to LIFO method? Wouldn't the time it takes to implement such change outweigh the benefit? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Accounting Basics: Why would an organization switch from the fifo to lifo

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Accounting Basics: Why would an organization switch from the fifo to lifo

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